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While the suggestion that a new, dedicated computer be used to initiate wire transfers seems attractive, since it must be connected to the internet to communicate with the bank (and also to download anti-virus and firewall updates), even if less vulnerable, it still is not bullet proof. It is safer not ...

Encryption does not address the issue of authenticity. Anyone can send encrypted information. But is it accurate and authentic? Henry J Dane Reply to hdane@danelaw.com

The most important thing we do is to have a totally inflexible policy that we neither give nor accept wire instructions by email, even so-called "secure" email. We also do not send wires out unless the recipient (or someone with an appropriate durable power of attorney for the recipient) makes the request ...