> >I saw an interesting announcement on comp.risks today.  An organization
> >called the First Bank of Internet is setting up (yet another) electronic
> >payment system.  I sent for info (subject "info", email to
> >fboi@netcom.com) and it is an interesting system with some attractive
> >features.

Check out the most recent issue of RISKS for more information about the 
"attractive" features.  And as far as I can tell, there are no timestamps 
put into the messages that would prevent replay attacks.  --Darren