Trusteer Rapport, a software package whose installation is promoted by several major banks as an anti-fraud tool, has recently been acquired by IBM and has an updated EULA.

Among other things, the new EULA includes this gem: “In addition, You authorize personnel of IBM, as Your Sponsoring Enterprise’s data processor, to use the Program remotely to collect any files or other information from your computer that IBM security experts suspect may be related to malware or other malicious activity, or that may be associated with general Program malfunction.”

Welcome to the future.

http://yro.slashdot.org/story/14/12/11/2233234/bank-security-software-eula-allows-spying-on-users