With a broad statement like this, I would usually just suggest this is inflammatory and surely overstated.

However, I've also worked at a financial institution which used core systems by Harland Financial Systems. Their "encryption" for data in transit from teller workstations to the core system was just a two byte XOR, and they sent the key at the beginning of the connection!

Was so unbelievable to be able to crack this in under a half-hour after noticing patterns in a PCAP. Wouldn't have believed it if I hadn't seen it with my own eyes.

That fraud was good enough for our regulators and theirs, so I have no doubt the industry is filled with rotten incompetence through and through.

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ryandrake 4 hours ago | parent [-]

The biggest disappointment in my 30 years of adulting has been how much absolute, shameless incompetence is out there in the workforce. When I was a kid, I naively thought that adults were smart and knew what they are doing. Then I got into industry and saw so many people just outright bluffing for 8 hours a day before going home, day in and day out.

It's amazing that society even functions at all.

	▲	Foivos 16 minutes ago \| parent \| next [-]
		At least when you realize it, you are cured from any imposter syndrome you might have.
	▲	zos_kia 2 hours ago \| parent \| prev [-]
		I think that's actually an interesting feature of society as a macro system. It is very fault tolerant, which is frustrating for any power user but without which the system as a whole would not function at all.