Listen To News: South Korea Faces Major Credit Card Hack ~ 21 January 2014

Discussion Question: Do you take precautions to make sure your personal and financial information is safe, or are you confident that your data is protected by your financial institution?

  It's a very important question to think over since we're living in full information era. I think I always take the basic precautions when it comes deal with personal and financial data, both online and offline, mainly online, since we don't know who is on the other side of screen that situation. Be completely careful it should be regarded like  an underlaying action that all persons should take into account when making any kind of data transation these days.

  For instance, when I make an online buying I try to pay attention to see if the website which I'm visiting has on its URL bar, a padlock followed by the acronym  with the letters "https", because just these tools prove the data you provided will be kept safe and sound against hacks, say IT experts .

   Still, I don't belive totally these protection systems because technology was created by man, and  as the man is subjected to failures, technology is too.  It's a logic consequence fellow! So, financial institutions are constantly running risk to be invaded by  malicious minds.

  When opening a bank account , I tent to verify if the bank has good security structures like passwords and online support , and mainly if it has reliability on the maket among its oldest customers regarding cases of data robbery. It's on the bank websites where most of the personal and financial data are lost, causing so much discomfort to its users, because they don't know where their data went, and the worst, they can't imagine  in the hands of who they are. It's a terrible situation to know your data are being handled by persons that perhaps you can  haven't seen in all your lifetime.

  Concluding, I'd say the protection data means that are available today, can do as many as they are able to do, but, ultimately,  we should remember they are not the final word when speaking about personal data stealing, because there will always be somebody working to unmake this security increasingly, so we have always to keep  our eyes turned to our precious data in order to verify they are being well managed.

 

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