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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 1 day ago by Jerry@hear-me.social to c/cybersecurity@fedia.io
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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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[-] Mr_Blott@feddit.uk 6 points 1 day 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

this post was submitted on 20 Dec 2024
92 points (100.0% liked)

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