Who is doing the securing, whose interests are being secured, and against who/what?
Security isn't an unqualified good thing to have. It's just an instrument of control. Who wields it and how are the paramount questions. You can have an "open standard that anyone can permissionlessly implement", aimed at protecting interest of third parties, by securing the device from its actual owner. In fact, that describes many, if not most, security measures introduced in computing over the past 20 years, especially on the web and mobile devices.
The premise of the scary banner has to be that the first time the user has ever seen it is when there is actually something wrong.
This is, of course, fully incompatible with the corporate incentive to present the scary banner whenever an honest third party hasn't paid them the danegeld or satisfied a bureaucratic process documented by Franz Kafka. If the thing you care about is actually security.
Except that you can't, because those systems require the device to come with secret keys, so an interoperable third party implementation would require keys, which requires permission, which is the exact thing "permissionless" is intended to evict.
Is it an open standard that anyone can permissionlessly implement?
When the answer is yes, there is a high probability that it's something reasonable, e.g. TOTP.
When the answer is no, what you will find behind the curtain is either a fool or a crook.