Dan Gillmor on Nostr: My bank uses phone SMS as its standard "2-factor authentication" -- better than ...
My bank uses phone SMS as its standard "2-factor authentication" -- better than nothing at all but GROSSLY insecure compared to encrypted messaging that it refuses to supply.
I paid extra for an RSA dongle, but when I log in there's an option to use SMS, which makes the dongle completely pointless.
Crap security is standard in the banking industry -- because contrary to pious words, it doesn't give a damn about your financial privacy.
https://www.nbcnews.com/tech/security/make-sure-texts-calls-are-encrypted-fbi-security-warning-rcna182810Published at
2024-12-08 08:26:48Event JSON
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"content": "My bank uses phone SMS as its standard \"2-factor authentication\" -- better than nothing at all but GROSSLY insecure compared to encrypted messaging that it refuses to supply.\n\nI paid extra for an RSA dongle, but when I log in there's an option to use SMS, which makes the dongle completely pointless.\n\nCrap security is standard in the banking industry -- because contrary to pious words, it doesn't give a damn about your financial privacy.\n\nhttps://www.nbcnews.com/tech/security/make-sure-texts-calls-are-encrypted-fbi-security-warning-rcna182810",
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