this post was submitted on 20 Dec 2024
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So, why do almost all banks, in the U.S. at least, only support the worst 2FA authentication method exclusively? And, this article doesn't mention SIM-swap attacks, which are unavoidable. It can't be (hear-me.social)
submitted 2 months ago by [email protected] to c/[email protected]
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So, why do almost all banks, in the U.S. at least, only support the worst 2FA authentication method exclusively? And, this article doesn't mention SIM-swap attacks, which are unavoidable. It can't be that difficult to support an authenticator app.

https://gizmodo.com/feds-warn-sms-authentication-is-unsafe-after-worst-hack-in-our-nations-history-2000541129

#Cybersecurity

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[–] [email protected] 6 points 2 months ago

Oh come on, the US is usually two decades behind modern banking, 2FA over SMS is only a decade behind, so it's an improvement!

You'll have 2FA via an app like the rest of us, but in 2034

Now run along and enjoy your chip and pin