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The bank managing my 401k requires a password between 6 and 8 alphanumeric characters. Non-letter, non-digit characters are not allowed.
by zargon 15y ago
The bank managing my 401k requires a password between 6 and 8 alphanumeric characters. Non-letter, non-digit characters are not allowed.
- Macha 15y agoMy bank is worse. They state alphanumeric, their form enforces alphabetic. 6-8 letters. Oh, and did I mention its case insensitive? The card number provides more security than the password. I can only hope that the case insensitivity is because they're running it through the COBOL equivalent of .tolower() before hashing it, bit given the track record? It's more likely than not they're storing it in plaintext. Just as well I'd not reuse a weak password like that anywhere else.
- jjcm 15y agoOut of curiosity, what's keeping you from switching banks? If my bank did this, I'd switch immediately. Any bank that shows that level of concern for my finances doesn't deserve to be controlling them.
- waqf 15y agoIf you work in the US, you tend not to have that luxury with your 401k. Your employer picks the financial institution and you're stuck with it. See also health insurance.
- georgieporgie 15y agoMention your concern to your employer. It may come to nothing, but if another provider was offering better terms anyway...
- Macha 15y agoBecause they're the only Irish bank to give a Visa Debit card on student accounts.
- DrJ 15y agocharles schwab does this. \\ chase bank does this.\\ captial one does this.\\ god knows why I still use them...