On Tue, 2012-04-24 at 14:25 +0100, RW wrote:
> On Mon, 23 Apr 2012 01:20:13 -0300
> xTrade Assessory wrote:
> 
> 
> > no serious bank, as any other serious company, would ever send out
> > emails asking for user details
> > 
> > the user who believes that, is or incredible ingenious or incredible
> > stupid, so: happy clicking
> 
> I don't think it's all that stupid given that many banks and other
> companies do more or less the same thing when they phone their
> customers. 
>
That merely shows that stupidity is extremely widespread: other outfits
being lax about security doesn't give the banks a free pass. And, what
about companies who confirm an account sign-up by sending a single plain
text e-mail containing the name of the company, your login name and your
password? Or the multitude that use your e-mail address as the login
name?

But back to banking? In the UK, anyway, you don't need to be either
intelligent or have any industry qualifications to run a bank. Back in
2007 or thereabouts a quiz master asked what was the difference
between: 
- the CEO who bankrupted the Northern Rock Building Society
- the CEO who bankrupted the Royal Bank of Scotland
- the boss of Barclays (I think - might have been the Co-OP Bank)
- Terry Wogan, who was a well-known radio presenter at the time. 

The answer was that the only one of them with any banking qualifications
was Terry Wogan.

My bank says up front and in writing that they will never ask for
account or login details by e-mail. I suggest moving your account away
from any bank that doesn't have the same policy and stick to it. Make
sure you tell them why you're leaving, though.


Martin


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