Re:Two Charged in SIM Swapping, Vishing Scams
by octoberfranklin on Tuesday November 03, 2020 @04:30PM
(#24984230)
> The banks are supposed to check the signature,
Actually no, not anymore after the "Check 21" act. They're not responsible for verifying any aspect of the check. Kind of a crock.
Re:Two Charged in SIM Swapping, Vishing Scams
by x87678r on Tuesday November 03, 2020 @04:23PM
(#24984172)
The phone company is giving you a phone number, it doesn't want to be responsible for providing security for your financial and private life.
Re:Two Charged in SIM Swapping, Vishing Scams
by lotsofpulp on Tuesday November 03, 2020 @05:49PM
(#24984956)
Yes, it's really quite amazing to watch all companies including the US government pretty much task the mobile networks with providing plausible deniability that they verified your identity. They get to point to the mobile networks (or you) if there's a problem, and the mobile networks get to say, legally, it's not their problem...because it isn't.
In a similar vein, I've known people who had unsigned checks stolen and their signature forged very poorly. The banks are supposed to check the signature, so why aren't the banks liable?