VMS on Raspberry Pi 5

Politics and ideology are always the enemies of sound engineering.

But for HOW LONG if it uses insecure methods ? :-)

They've been operating since 2015, had a data breach in 2022 resulting from a phishing attack which netted some personal data (about

Pretty small potatoes compared to say the Capital One data breach in 2019 that let 100 million credit card application details out or the JP Morgan Chase data breach of 83 million accounts or the Experian breach of

I'd say the evidence is that their security stacks up pretty well.

As anyone involved professionally in data security (hint that includes me) knows the vast majority of compromises these days result from social engineering (various forms of phishing) not technical issues.

Peruse this

Revolut is not a big bank. It is a pretty small bank.

But there are big banks using public cloud.

Deutsche Bank - Google cloud HSBC - Amazon cloud JP Morgan - multi cloud Bank of America - IBM cloud Goldman Sachs - Amazon cloud UBS - Microsoft cloud

The US military also use public cloud. After spending years on court room battles I believe DoD split the contract between Amazon, Microsoft, Google and Oracle.

Arne

That number for Revolut is two years out of date. It was good for one day only and was strongly dependent on valuation by one investor who has had a highly volatile investment record (SoftBank). Other organizations who have to publicly value their stakes in Revolut put it around half that number as of 2023 (and I'm not sure those valuations are very safe).

On a total-assets basis, I believe Wikipedia shows it as not among the

Tom

Depends how you measure - by valuation ($33bn) it's bigger than Deutsche Bank ($25bn).

Usually the size of banks are measured by asset value.

The two numbers you provide are not fully comparable.

Revolut is a private company and the number was a valuation done in March 2021 when getting new investors on board (a time where fintech companies were valued very high).

The DB number is the actual market cap today.

Arne

I find that frightening, irresponsible and yet strangely believable.

Big banks should be broken up. They have way too much power and take f*ck all responsibility.

Many of the others since the 1800s :-)

But a very relevant attack nevertheless. Doesn't matter where you cast blame - damage done.

The way modern biz/banking likes to do things, NONE of your stuff is very "secure". Basically I don't *do* online banking - and WILL change banks if that becomes their only option.

And yes, banks WILL find a way to blame YOU for any losses ..... can you afford to go up against their lawyers ???

Should you put up with this s*it ???

Hey, it's your MONEY/SAVINGS/FUTURE/SECURITY ... do not go gently ........

But only for a few years.

Wait until NK focuses ........

I agree. But MANY problems result from system-level weaknesses too. You see it in the news almost weekly now ... giant tech-biz, everything spilled.

Humans ARE the weakest link - fer sure - but not the ONLY weakness. Alas those "other" weaknesses will be able to do FAR more damage FAR more quickly.

Stats are fine, but look at the next/next-next lines on the vulnerabilities list ....

I'm old-school, not a fool, I know how badly systems-level issues can damage.

Things like Docker/Kubernetes are great - but DO remember their vulnerabilities too. It's all well documented.

NK knows this stuff too.

Ummmm ... not necessarily "broken up" - "Big Banks" have a very useful place/function. They are fiscal "glue".

However they SHOULD be liable for the results of using CRAP methods/security. They CAN do better, but will need to be FORCED into it.

Anyone who uses "public cloud" and even IMAGINES that it's good/secure should be BADLY, BROADLY, sued.

No BS ... lay into them !