Oct

24

Interactive Brokers certainly leads in a number of areas. In contrast to recent articles about hacking online brokers, IB tells me they have never been hacked successfully.

Russ Herrold replies:

The casual advice about problems-solving which the IB frontline representatives offer is not compatible with CISP grade practice, in my experience. Informal assertions of “never hacked” are perhaps comforting to a layman, but should not offer real piece of mind, nor assurance to the receiver. “An absence of evidence is not evidence of an absence” of issues. Define a published process, and sell SLAs, and I will listen more carefully. Computer and network security is not an attainable Platonic absolute; it is the process of risk identification and reduction. I taught a course on networked host security in a limited context of “Hardening Linux” last year, and left the course materials online.


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