just keep getting more stupid and dishonest:

>From Bruce Schneier's CRYPTO-GRAM:

>        Solution in Search of a Problem:
>           Digital Safe-Deposit Boxes
> 
> 
> 
> Digital safe-deposit boxes seem to be popping up like mushrooms, and I 
> can't figure out why.  Something in the water?  Group 
> disillusionment?  Whatever is happening, it doesn't make sense to me.
> 
> Look at the bank FleetBoston.  In October, they announced something called 
> fileTRUST, a digital safe-deposit box.  For $11 a month, FleetBoston will 
> store up to 40MB of stuff in their virtual safe deposit box.  Their press 
> release reads:  "Document storage enables a business owner to expand memory 
> capacity without having to upgrade hardware and guarantees that files will 
> be protected from deadly viruses..."  Okay, $11 for 40MB is $0.28 per MB 
> per month.  You can go down to any computer superstore and buy a 20 Gig 
> drive for $120; if we assume the drive will last four years, that's $0.0001 
> per MB.  Is it that difficult to add a new hard drive to a computer?  And 
> the "deadly viruses" claim: storing backups offline is just as effective 
> against viruses, and fileTRUST's feature that allows you to map your data 
> as a network drive makes it just as vulnerable to viruses as any other 
> drive on your computer.  Or if you don't map the fileTRUST archive, isn't 
> the decryption key vulnerable to viruses?
> 
> I dismissed this as a bank having no clue how computers work, ...

Bob

"Changes to the international monetary system that weaken the discipline
 of gold have never before produced permanent prosperity, but only
larger
 and more destructive economic cycles."
 - The Golden Sextant

"There is the moral of all human tales:
 'Tis but the same rehearsal of the past,
 First freedom, and then glory -- when that fails,
 Wealth, vice, corruption -- barbarism at last."
 - Lord Byron

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