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New 'ON-LINE' Security for Banks and Credit Cards...HOW IS THIS MORE SECURE??



I have 2 companies that have changed the way to access your account information on line. You have to pick out a photo [their choice] & then anwer 5-7 questions. One of the questions is 'what is my paternal grandmother's maiden name' and I have to answer this question to access my account???? I don't know the answer? In addition...now I have to write down the answers on paper & hand them out to all my family members with the account numbers on them for them to be able to access my accounts if I should die. Before they all had two words memorized. My user id & password. Simple. How is this more secure for these banks if everyone has to write all this personal info down to give to family members? These people are so stupid & don't think? Is there that much fraud with these banking systems?? I've never had a problem in 10 years with just a user id & password. Lady at the bank said it's a new law starting January. She doesn't know who made the law...but they are following it????

One word, Crack
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