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Yes, pull the boot up over the handle, not all the way. There will be a little cover that swings open, may be white in color, there you will see a nut, use a 10mm deep socket or whatever works. Tighten. 5-clicks on e-brake to full engage is good.
I'd recommend checking the parking brake shoes inside the rear rotors, just to make sure you are not riding it metal on metal. I still have to check mine, thanks for the reminder.
If someone (like your wife) drove it with parking brake on, you know the result
Thanks for the feedback guys. I appreciate it. This is my first S60 plus it's a 5 spd, my old V70 was an automatic, never really used the parking brake.