News for hackers. Stuff that matters.
Re:SMS is not 2FA-secure by adrr on Saturday January 11, 2020 @12:11PM (#22020953)
If you make the carrier liable for damages in case of fraud, there would be process to mitigate the risk from one bad actor. Like the bank requires a manager approval for certain high risk transactions like international wires.
Re:SMS is not 2FA-secure by ahaseeb on Monday January 13, 2020 @11:57AM (#22036174)
Too long of a moon shot. Generally the T&C are limited to actual loss, like you lost your internet for 2 days so they'll reimburse you for 2 days of bill but not if you lost a business deal. Similarly in case of airline if you missed your game. they're not responsible for the game tickets