[ga] NZ Banks Can Examine Online Customers PCs for Security or Oh No not the IDNO!

[Jeff Williams <jwkckid1@xxxxxxxxxxxxx>]

All,

Ran across this today.  Seems to me the IDNO Petition may have
some serious Privacy as well as security concerns here if collecting
or disbursing money from a bank.

See:
http://computerworld.co.nz/news.nsf/news/FDA3CE33D73B5B82CC257302000B0EE8

A new banking Code of Practice in New Zealand allows banks to request
access to the PCs of their online customers who are disputing
transactions so that they may examine the machines for adequate security

protection.  If Internet banking customers "used a computer or device
that does not have appropriate protective software and operating system
installed and up-to-date, [or] failed to take reasonable steps to ensure

that the protective systems, such as virus scanning, firewall,
antispyware, operating system and anti-spam software on the device are
up to date," they will be liable for losses incurred due to unauthorized

transactions.  Customers could also be held liable for losses if they
use obvious passwords, or share or keep a written or electronic copy of
their personal identification number(s).  The banks have the authority
to refuse the claim if the customers do not agree to the request to
examine the devices.

Regards,

--
Jeffrey A. Williams
Spokesman for INEGroup LLA. - (Over 134k members/stakeholders strong!)
"Obedience of the law is the greatest freedom" -
   Abraham Lincoln

"Credit should go with the performance of duty and not with what is
very often the accident of glory" - Theodore Roosevelt

"If the probability be called P; the injury, L; and the burden, B;
liability depends upon whether B is less than L multiplied by
P: i.e., whether B is less than PL."
United States v. Carroll Towing  (159 F.2d 169 [2d Cir. 1947]
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