[gnso-acc-sgb] Banks/financial institutions as third party accessors, GAO Reports about Information Management FDIC

[Jeff Williams <jwkckid1@xxxxxxxxxxxxx>]

All sgb members,

  Palmer has recently been reminding us all how well bank regulators
regulate banks and other financial institutes seemingly to garner and
engender a level of trust that is very high and as support for them 
being a good choice as a sector for third party access to Whois data.

  However the GAO report regarding the FDIC, one of the banking
industries main regulators, seems to be of the opinion the FDIC needs 
to continue progress in some key security areas, indicating that there 
are some holes or lapses.  See: Federal Deposit Insurance Corporation 
Needs to Sustain Progress Improving
Its Program. GAO-07-351, May 18
http://www.gao.gov/cgi-bin/getrpt?GAO-07-351

  So it would seem a reasonable logical deduction that many if not most
banks in a broad security basis, are even further behind the FDIC whom
is one of the main regulators of Banks and other financial
institutions.  And if Palmer, as one of our fellow sgb members is right 
in his remarks regarding coinciding interests of consumers and banking 
institutions, and to a degree, I believe he is where profit to the bank 
is concerned, very few banks would seem to be good candidates as third 
party accessors to Whois data, let alone unrestricted access or access 
by the totality of the banking sector.

  So Palmer, I await your rebut.  >:)

Regards,


--
Jeffrey A. Williams
Spokesman for INEGroup LLA. - (Over 134k members/stakeholders strong!)
"Obedience of the law is the greatest freedom" -
   Abraham Lincoln

"Credit should go with the performance of duty and not with what is
very often the accident of glory" - Theodore Roosevelt

"If the probability be called P; the injury, L; and the burden, B;
liability depends upon whether B is less than L multiplied by
P: i.e., whether B is less than PL."
United States v. Carroll Towing  (159 F.2d 169 [2d Cir. 1947]
===============================================================
Updated 1/26/04
CSO/DIR. Internet Network Eng. SR. Eng. Network data security
IDNS. div. of Information Network Eng.  INEG. INC.
ABA member in good standing member ID 01257402
E-Mail jwkckid1@xxxxxxxxxxxxx
 Registered Email addr with the USPS
Contact Number: 214-244-4827