How Secure is YOUR Online Banking
Recently, an organization I’m a part of moved their bank account to a new bank because of some issues they had with a former member. Soon afterwards, they got a notice from Old Bank that someone had attempted to log in. After 3 failed password attempts, the bank disabled the password and notified the organization.
As the online bookkeeper for the organization, I received that email. When I called the bank their response was “Well, since you’ve closed the account, now that the password has been disabled you have nothing to worry about. It was probably just someone w/ a similar user name who typed in the wrong information.”
WHAT? Even in spite of telling Old Bank that there had been recent trouble, they seemed unconcerned. No big deal. I would bet money that my bank would not have had such a cavalier attitude. (And no one that knows me would take a bet with me!)
What would your bank do?