Bank Security Software EULA Allows Spying On Users

Posted by timothy on Thursday December 11, 2014 @11:03AM from the even-for-a-eula-that's-bad dept.

An anonymous reader writes Trusteer Rapport, a software package whose installation is promoted by several major banks as an anti-fraud tool, has recently been acquired by IBM and has an updated EULA. Among other things, the new EULA includes this gem: "In addition, You authorize personnel of IBM, as Your Sponsoring Enterprise's data processor, to use the Program remotely to collect any files or other information from your computer that IBM security experts suspect may be related to malware or other malicious activity, or that may be associated with general Program malfunction." Welcome to the future...

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Shop elsewhere by ysth · 2014-12-11 11:14 · Score: 5, Insightful

If a bank/CD/whatever other crazy thing requires you to install software to use it, take your business elsewhere.
Re:How crazy by al0ha · 2014-12-11 11:19 · Score: 4, Insightful

Agreed, these so called kooks actually understand how IT works; that's why they are alarmist.

Yeah I trust IBM to only use the software to remotely collect *malicious* files from my system, I am sure IBM never receives confidential requests from the NSA or anything like that. *rolls eyes*

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