Sunday, June 1, 2008

Security verification

This column contemplates why we use faxed signatures for stuff. Why do we use something so easy to forge? Because we usually only accept them in a context where there are ways to make sure it's real.

Unless you're a lazy jail guard, and release a prisoner based on a fax sent from McDonald's. (McDonald's has a fax machine?)

And I learned that banks don't bother to verify check signatures unless the amount is over $30,000. Because it's cheaper to clean up the mess later on the tiny percentage of fake checks, than it is to verify all the legit ones.

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