A new European initiative dubbed UnifiedAttestation aims to build a free and open-source alternative to Google’s Play Integrity checks. The initiative is backed by smartphone maker Volla, while other partners include /e/OS maker Murena and the team behind iodé OS. The feature will be distributed under an Apache 2.0 license.
I appreciate the effort but my banking apps still rely on 2FA through SMS. They aren’t interested in implementing a technology that is more secure or even one that is different than what they have already, especially for a fraction of a fraction of a fraction of their user base.
And you trust them with your money!?!
All the big banks I use don’t do anything ither than SMS, they’re lazy AF. This is where regulation should force security in spite of development cost
That’s truly mind-blowing, and fraud must be rampant! I have accounts in several different banks in several different countries, both inside and outside of the EU, and I have never ever encountered a bank that would rely on SMS “authentication” for security, not even in the distant past when online banking was new.
Fair point but I am not going to do all my shopping exclusively out of catalogs and mail in my payment with cash.
Its a shitty situation but short of government regulation (ha) nothing is going to change.
Are there no other banks in your area?..
Yes and as far as I can tell, they all have that as their system. Also the changing of the password every quarter which has proven to actually decrease password security and increase password reuse.
I should say, if anyone knows a bank with proper modern online security protocols I am willing to listen.
Revolut
Fidelity. https://www.fidelity.com/security/extra-security-login
I’m personally quite fond of Wise.
Seriously, this shit should be illegal already