online

The Next Level

“That’s where the money is!”
– Attributed to Willie Sutton, Non-Traditional Withdrawals Specialist

Willie Sutton was quoted as having said the above (he denied coining the phrase) in response to the question, “Why do you rob banks?” At the time, it was an obvious choice; in a pre-networked world, value was primarily transmitted by moving physical objects around the world, whether they were bars of precious metalsmineral crystals, or slips of paper. A non-traditional account withdrawal, then, relied on transporting physical objects from point A (a location controlled by the bank) to point B (a location controlled by the attacker).