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Genuinely curious, why not name the bank here? It certainly isn't going to be news to the bank itself, so there aren't responsible disclosure concerns here. A

by loteck 7y ago

Genuinely curious, why not name the bank here? It certainly isn't going to be news to the bank itself, so there aren't responsible disclosure concerns here. And since the top advice here is to leave the bank, wouldn't the best thing you can do be to alert the public, so others can protect themselves as well?

baron816 7y ago
Looks like it’s PNC. Everyone here, move your money now.
- altcognito 7y ago
  Or don't make financial decisions based on vague anonymous internet comments until you've investigated for yourself.
  - prklmn 7y ago
    Do you want this person to mount a full blast investigation on their own? Most banks are mostly interchangeable nowadays unless you live in a small town and there’s only one bank you must use because you’re transacting with cash. They pay nearly zero interest, and they treat their customers like trash with monthly fees galore.
    - thinkingemote 7y ago
      Thank you, yes I will certainly change all my financial set up based on no further information these two alarming comments. Who needs to look further into things - they are all the same after all.
- dantillberg 7y ago
  But to where? Do any banks exist that have reasonable security procedures?
exikyut 7y ago
One weak argument: Finance is between 20 and 50 years behind the curve in terms of fundamental/top-down security common sense, notwithstanding the handful of specific exceptions strictly necessary to ensure accounts are not actually made off with on a regular basis. There are likely a good handful of hair-raising security issues (known and unknown) impacting your account(s) right now, that would cause you to scream and run were to learn of any single one of them (let alone the full list). In this light, cargo-culting specifically [only] avoiding environments that store passwords in plain text feels like premature optimization. With the above being said, I do agree with the sentiment raised elsewhere of contacting annoying persistent organizations that will follow up - apparently in this case that's investigative journalists and the OCC. Just don't forget the bigger picture.

by loteck 7y ago

baron816 7y ago

Looks like it’s PNC. Everyone here, move your money now.

altcognito 7y ago
Or don't make financial decisions based on vague anonymous internet comments until you've investigated for yourself.
- prklmn 7y ago
  Do you want this person to mount a full blast investigation on their own? Most banks are mostly interchangeable nowadays unless you live in a small town and there’s only one bank you must use because you’re transacting with cash. They pay nearly zero interest, and they treat their customers like trash with monthly fees galore.
  - thinkingemote 7y ago
    Thank you, yes I will certainly change all my financial set up based on no further information these two alarming comments. Who needs to look further into things - they are all the same after all.
dantillberg 7y ago
But to where? Do any banks exist that have reasonable security procedures?

exikyut 7y ago

One weak argument: Finance is between 20 and 50 years behind the curve in terms of fundamental/top-down security common sense, notwithstanding the handful of specific exceptions strictly necessary to ensure accounts are not actually made off with on a regular basis. There are likely a good handful of hair-raising security issues (known and unknown) impacting your account(s) right now, that would cause you to scream and run were to learn of any single one of them (let alone the full list). In this light, cargo-culting specifically [only] avoiding environments that store passwords in plain text feels like premature optimization. With the above being said, I do agree with the sentiment raised elsewhere of contacting annoying persistent organizations that will follow up - apparently in this case that's investigative journalists and the OCC. Just don't forget the bigger picture.