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Re: Perth Mint depository online data breach

Posted: Mon Jan 27, 2020 11:10 am
by vnatale
sophie wrote: Sat Jul 27, 2019 11:13 am pmward - I did say I thought it reasonable for them to consult with an outside firm to build a secure system. Handing out customer information to a 3rd party is what I objected to.

Here's an example for you: my dept outsourced a specialized EMR development to a software development shop in India. I know first hand that the associated hospital's entire list of patients (names, DOB, SSN etc), going back decades, was exposed to that India group. In other words, they've got sensitive info for thousands of people. What do you think they might be doing with that info, not being duty bound by anything in particular to safeguard it? I complained at the time that they had no need to get that kind of info, but was overruled by the two-bit high school graduate idiot bureaucrat who I was supposed to suck up to, because that person was in administration and I was just a lowly professor with a degree in electrical engineering in addition to my MD.

Xan - correct, if you are in the Depository Program you have to conduct business by phone. There's no website. The data on your account is stored on a computer at Perth Mint with no external Internet connection. There's a password that you use to identify yourself when you call. Money transfers otherwise work the same as Depository Online: it goes to/from your linked bank account via wire.


Just finished reading all the posts in the Topic.

What is your personal update regarding Perth? You still using them? Was this resolved to your satisfaction? Or, has this left some form of lingering dissatisfaction with them?

Vinny

Re: Perth Mint depository online data breach

Posted: Tue Jan 28, 2020 9:23 am
by sophie
Nothing new to report. They stated there would be an investigation at some point but there's been no further public statements.

These days, I just assume that my personal information might as well be published in the New York Times, and that it's been breached far more often than is indicated by notices I've received. In fact, I'd go so far as to assume that EVERY entity that owns my data has exposed it at some point. If I went with, say, the Texas depository or Hard Assets Alliance instead of the Perth Mint, I'd still be dealing with that particular vulnerability.

This is different from someone actually getting into your account and stealing money from it. That would be quite difficult at Perth Mint because the thief would have to somehow change the associated bank account and the email address (for notification) at the same time. Perth Mint only permits one linked bank account, and you have to contact them directly to change it - can't do it online. I think you'd have to resubmit a copy of your passport, so the thief would need that as well. This would be especially difficult if the one I used to open the account had expired & been renewed in the meantime.

Treasury Direct used to have that failsafe, but no longer. Now you can add or change linked bank accounts online, at will. I'm far more concerned about them.

Re: Perth Mint depository online data breach

Posted: Tue Jan 28, 2020 10:01 am
by dualstow
sophie wrote: Tue Jan 28, 2020 9:23 am Nothing new to report. They stated there would be an investigation at some point but there's been no further public statements.

These days, I just assume that my personal information might as well be published in the New York Times,
...
Don't worry, Sophie. That paper seems to be kryptonite to most members here. O0
{ While not a huge fan, I actually just picked up a digital subscription. $1/week was too good to pass up. }

Re: Perth Mint depository online data breach

Posted: Wed Jan 29, 2020 9:03 am
by sophie
I've got an even better deal: $0/week. Their paywall is easy to get past (at least it was last I checked), and if I don't want to deal with it but want to read an article, it'll be available next month.

I've been considering subscribing to WSJ though. Worth reading plus I just like the idea of rewarding good journalism. It's super expensive, but there's a nice introductory offer and one of my credit cards (AmEx) has a cash back deal for WSJ subscriptions going.

Re: Perth Mint depository online data breach

Posted: Wed Jan 29, 2020 9:34 am
by vnatale
sophie wrote: Wed Jan 29, 2020 9:03 am I've got an even better deal: $0/week. Their paywall is easy to get past (at least it was last I checked), and if I don't want to deal with it but want to read an article, it'll be available next month.

I've been considering subscribing to WSJ though. Worth reading plus I just like the idea of rewarding good journalism. It's super expensive, but there's a nice introductory offer and one of my credit cards (AmEx) has a cash back deal for WSJ subscriptions going.
The Wall Street Journal used to freely give out a user name / password for those in the media to use. And, it seemed like everyone used to know it.

https://www.inc.com/bill-murphy-jr/free ... media.html

But now it seems like they have locked this down fairly well.

Vinny

Re: Perth Mint depository online data breach

Posted: Wed Jan 29, 2020 10:06 am
by dualstow
I like the WSJ. I have access through a relative.

Re: Perth Mint depository online data breach

Posted: Wed Jan 29, 2020 3:40 pm
by dualstow
MangoMan wrote: Wed Jan 29, 2020 3:18 pm
dualstow wrote: Wed Jan 29, 2020 10:06 am I like the WSJ. I have access through a relative.
LOL. Last I checked, they don't have multi-user or family plans.
But we do. He pays the bill and I share the login credentials.

Re: Perth Mint depository online data breach

Posted: Fri Feb 14, 2020 5:37 pm
by Don
dualstow wrote: Wed Jan 29, 2020 3:40 pm
MangoMan wrote: Wed Jan 29, 2020 3:18 pm
dualstow wrote: Wed Jan 29, 2020 10:06 am I like the WSJ. I have access through a relative.
LOL. Last I checked, they don't have multi-user or family plans.
But we do. He pays the bill and I share the login credentials.
Felon!