Re:533M Facebook users' phone numbers and personal data have...
by laurent92 on Sunday April 04, 2021 @07:12AM
(#26688494)
For sufficient amounts or suspicious operations, banks should be in charge of authentification, ie showing up in-person for bank transfers such as a car, showing up and supplying fingerprints if the bank transfer buys a house...
And in fact, for poor people, anything that might engage their entire savings might also benefit from a more advanced identity verification.
For example my stock exchange account just takes a password. It’s a scandal.
Re:533M Facebook users' phone numbers and personal data have...
by jand on Sunday April 04, 2021 @03:14AM
(#26687522)
Well, you did not mention a password before. With a password, you introduce a new 'security feature' which changes your argument in a non-trivial way.
This might work better than your proposal before.
If someone steals your phone and password and bank card and ability to receive mail at your home address all at once then you're pretty screwed, but you're pretty screwed then regardless, right? That's the level of screwed where somebody else can also get a government ID in your name.