How Safe is Mint.com?

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Uploaded by on Aug 3, 2011

Interview between personal finance writer Matt Bell of http://www.mattaboutmoney.com and Mint.com VP of Engineering David Michaels. Michaels is the chief architect of Mint's security. The popular online personal budget tool is used by nearly 6 million people.

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  • @SleepEatKill1 Actually, any security professional will tell you, the least secure place for your financial data is on the average home computer. With elaborate viruses, trojans, and malware, your PC could be sitting there sending your private data to a server on the internet.

    Financial institutions are requred to protect your data both in transit and at rest. Most home PCs are not using encrypted hard drives, stateful firewalls and intrustion detection. (as min standards)

  • OMG Snoopy is my password. How did he know!?!

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  • Kinda sketchy. It sounds good - but it's not really worth the risk. I am better off keeping my financial records on my computer. If it was a software that they would let you download onto your own computer it would be more attractive. I'm not willing to risk complete financial violation for a few fancy applications that tell me how I am spending my money.

  • I'm sure that Mint would be among the least of my worries when it comes to identity theft and internet fraud.

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