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by codementum 4198 days ago
Like many others, I just filed a support ticket as well. I'd like one of two outcomes: 1. A public response and plan from Schwab, or 2. An alternative bank/brokerage company that a) takes security seriously and b) is easy to move to.
1 comments

Here's how my rep replied to my email today:

"Schwab takes online security very seriously, and all clients are protected against fraud with our SchwabSafe guarantee. This guarantee is available to review online at www.schwab.com/schwabsafe.

"I reviewed the website you referenced in your email, but this is well outside my area of expertise. To discuss these items, I would suggest you contact our Technology Support Group at the Help Desk. Their number is 800-433-9196."

Uh, no. I'm not going to sit on the phone waiting to tell your Help Desk about why they shouldn't store my password in their DB; that's your fuckin job. I'm much more inclined to spend that hour and a half moving my accounts somewhere secure.