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 that difficult to support an authenticator app.

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

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[–] Fiivemacs 2 points 1 month ago

Literally got a call today from the ombudsman and had to explain it to them. It was like talking to politicians about the internet.

I'm hoping they can at least implement something better then sms.