Followup: Plaintext passwords in Chase Online Banking

dorqus (dorqus@FREEK.COM)
Sat, 21 Mar 1998 20:23:57 -0500

I received the following email from Chase Customer Service
regarding my discovery of the fact that the offline password is kept
in plain text on the users PC:

Date: 3/17/98
Subject: Chase online banking

Thank you for your e-mail messages regarding the offline password in Chase
Online Banking. Chase has upgraded the offline password feature in the
software and we will distribute this new version to all customers shortly.
We have advised all Chase Online Banking customers to use an offline
password that is different from their bank password. The bank password
is encrypted and needed to transact with the bank. We hope you will
continue to enjoy using Chase Online Banking. Thank you, Nancy Mazolla
Online banking customer service 1-800-336-3806

I wonder if the new version will still have the password in plaintext
or not, I guess I'll just have to wait until I get my new copy of the
software :)

Dorqus