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While waiting for ten minutes on "hold" to make an appointment with my local branch of Scotiabank, I had time read through the new "Digital Services Agreement. Most of the eighteen pages were unremarkable, but a couple of things stood out.
When you click "Accept", you are agreeing to not give your password to police if they ask!
You are responsible for maintaining the confidentiality and safekeeping of your Card, Card Number, Username, and Electronic Signature. ... These responsibilities include:
- not voluntarily disclosing your Electronic Signature to anyone else at any time, including any family member, friend, law enforcement agency, or financial institution employee;
You're also agreeing to not use "public" wifi:
(These responsibilities include:) using your own private wireless data connection, and avoiding use of public Wi-Fi services, when you are using the Digital Services;
This of course is from a bank that still refuses to allow Uppercase letters or Special characters in a password.
(Score: 3, Informative) by Beige on Thursday September 29 2016, @06:12AM
Clearly legitimate LEOs are not going to call you and ask for login information to your bank account. They can get whatever information they need from the bank itself with a subpoena.
(Score: 4, Informative) by isostatic on Thursday September 29 2016, @06:24AM
People who fall for phishing are not going to read an 18 page EULA.
It's all about covering the bank's ass because of their inadequate security measures.
(Score: 0) by Anonymous Coward on Thursday September 29 2016, @07:29AM
It's both.
It's about covering the banks ass when a customer gives his password to a phisher pretending to be law enforcement, because "legitimate LEOs are not going to call you and ask for login information to your bank account".