Big U.S. Banks Are Stiffing Account Takeover Victims

Re:Big U.S. Banks Are Stiffing Account Takeover Victims by crazygringo on Friday October 07, 2022 @03:49PM (#33126081)

Huh? As long as you don't participate in a scam and use basic security, what are you worried about?

I have no idea what you mean about the services being fragile or how your "entire bank account" would be wiped out.

This article is talking almost entirely about scams. Presumably you're smart enough not to send your whole bank account's contents to a random person who calls you.

And if you're not, well, it doesn't really matter if you're being scammed via Zelle/Venmo, or via paper check, or via wire transfer, or via ACH.

[ Parent | on HN ]

Re:Big U.S. Banks Are Stiffing Account Takeover Victims by commandlinefan on Friday October 07, 2022 @04:49PM (#33126704)

> it doesn't really matter if you're being scammed via Zelle/Venmo, or via paper check, or via wire transfer, or via ACH.

It does, though. If scammers scam via paper check, wire transfer or ACH, the full force of the government comes down on them and they actually get put in jail if they get caught. If they scam via Zelle or Venmo, too bad, so sad.

[ Parent | on HN ]

Re:Big U.S. Banks Are Stiffing Account Takeover Victims by NovemberWhiskey on Friday October 07, 2022 @06:43PM (#33127794)

No; Zelle and ACH are exactly the same from this point of view.

[ Parent | on HN ]

Re:Big U.S. Banks Are Stiffing Account Takeover Victims by commandlinefan on Friday October 07, 2022 @09:02PM (#33128842)

I wish you were right, but the linked article suggests otherwise.

[ Parent | on HN ]