5
votes
1answer
139 views

Why does my bank bother asking basic personal questions to log in to online banking?

To log into my online banking, I have to answer a basic personal question such as "What is your mother's maiden name" or "What is your grandfather's middle name", as well as enter a one-time code from ...
0
votes
1answer
83 views

Banking platform accepts password containing subset of real password [duplicate]

How would it be possible that if my password was 123abc that my bank also accepts something like 123abc12? Isn't that an extreme security flaw? If the password was hashed and salted, wouldn't the ...
0
votes
2answers
140 views

Why do some websites increase the number of characters in the password field when logging in?

Why do some websites (especially banking sites) display more characters in the password field than were actually typed? This is sometimes apparent just after clicking the login button.
2
votes
5answers
273 views

Is accepting old passwords a bad policy?

This question is inspired by an experience I had today with online banking, as follows. One year ago I opened an online deposit account. (Without naming the bank, I will say the company is currently a ...
3
votes
3answers
183 views

What security factors should I take into consideration when selecting a bank?

I've gotten fed up with my bank and have made the decision to move all of my banking elsewhere. This is a rare occurrence for me and, I suspect, for other people as well. It represents an opportunity ...
15
votes
4answers
963 views

My credit union is reducing its maximum password length to 10 characters

I just received an email from my credit union saying they are redesigning their online banking service and that I will need to change my password by October 22 to conform to the new limit of 10 ...
5
votes
3answers
744 views

Bank forces me to use six character alphanumeric password

My bank (it's Westpac, one of the big ones in Australia) has some strange restrictions on passwords. They're maximum 6 characters in length and it must contain only characters A-Z and digits 0-9, and ...
8
votes
2answers
552 views

My bank makes me enter my password using the mouse. What's up with that?

Internet banking login process for Westpac requires user to enter the password using the mouse. It's annoying, what's up with that? Is it just to try and stop keyloggers on public computers or is ...