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Bank Security Software EULA Allows Spying On Users

Posted by timothy on 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...

2 of 135 comments (clear)

  1. Bank Security Guy here by Anonymous Coward · · Score: 5, Informative

    We're working with our internal legal folks to force this clause out of the EULA for all of our customers.

    Just letting you guys know that some of us do give a shit. Can't say which bank though.

  2. Shop elsewhere by ysth · · Score: 5, Insightful

    If a bank/CD/whatever other crazy thing requires you to install software to use it, take your business elsewhere.