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Bank Security Software EULA Allows Spying On Users

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...

1 of 135 comments (clear)

  1. Re:How crazy by NaCh0 · · Score: 0, Troll

    There's a big difference between scanning files and collecting them.

    When they find a suspicious binary running and attacking other computers on the network, how do you propose to examine it without collecting it?

    You are just proving my point that alarmists know nothing about how IT works.