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Friday, April 27, 2007

Continued Security Problems with HSBC online banking

While HSBCDirect will offer you a great rate for online savings account, I can not recommend them. Over 6 months ago I noticed a serious security problem with their online banking site. I notified them immediately , and I received a response that they'd look into the problem. While they quickly attempted a Band-Aid(tm) fix for the problem, the have not fixed it to my satisfaction. It also should not be satisfactory to their security team. It may be that they are just incapable of fixing the problem. At this point I don't know what else I can do besides steering people away from their site. More banking security holes here. (Disclosure: I used to work for on several online banking sites, including HSBConline, but not on this portion of the site)

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