Does anyone else think that required "Security Questions" are making online banking LESS secure?

Answers:1   |   LastUpdateAt:2012-10-26 15:08:02  

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Janice - Please Help!!!
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All my online banking / credit card / loan accounts , etc. , have begun requiring choose one of the security questions . The options that I received as security Qestions are : What is the maiden name of his mother ? What is the first name of his nephew ? and What is your paternal grandmothers name first? A few more , but they all basically revolve around the names of people , etc. I'm sure everyone is familliar with what I'm talking about. I have a real problem with these questions ! Anyone in your family knows all the answers ! Also, many people involved in genealogy and family share with relatives tress distantly related, and some of them even post on the Internet , where they are available for anyone . Again , anyone who can collect family tree data now has all the necessary information . MedlinePlus Why then are now required to answer security questions for banks ? Especially in places where questions about the benefits of security response resest access to user password ?
Answer1isdfAnswered at 2012-10-26 15:06:28
bets thign to do is answer a wrong answer , for example, something " catwoman " stupid liek so no one will know except you. I understand what you mean , some people can do research in maiden name, etc.
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