Lloyds is pants

Found this article. At one level it is very humorous. But from a security point of view it is very horrendous. Some items the article didn't even touch.

First. Passwords were not encrypted. This means that every bank account password can be potentially exposed.

Second Bank personnel have easy access, can view and can make changes to the password.

Third, the 6 letter word for a password is ludicrus. It will only take minutes for a brutefoce attack to succeed.