Der Standard, February 4, 2001 (translated from German)
This man gives away 70,000 schillings
The catch: You have to hack into a bank and steal a TAN.
"The first person who breaks into our company's online banking system, steals the necessary information and a TAN and uses them to withdraw DM 10,000 (about 5,000 euros) from one of our business accounts can keep the 10,000 marks." This is the new advertising strategy of the Nutzwerk company. René Holzer, CEO of the company, wants to use this campaign to prove the security of online banking and electronic transactions. Media and nonsense What triggered it off was a discussion on German TV that mentioned the words "horror scenario" repeatedly. For example they claimed that single-use TANs could be intercepted and used for shopping or for withdrawing money. Allegedly also biometric security measures could be cracked, said the "ARD-Ratgeber" reporter. This would mean that every hobby computer user could produce a virtual iris using digital photography in order to outwit an eye scan. All nonsense, said the opposite side and started to provide evidence to the contrary. We will keep an eye on the competition and wish all hackers the best of luck. (red)
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