Re:Target Hackers Broke in via HVAC Company
by patio11 on Thursday February 06, 2014 @12:21AM
(#7188866)
I am certain that if given the choice, nearly everyone would take a 1.5% discount on all of their purchases if they had to do two-factor authentication on all of them in exchange.
Do you have a trusted friend or family member who is not a technologist? Ask if you can watch them a) sign up for 2FA for their bank and b) complete one end-to-end transaction using 2FA.
You may, in response to this short anthropological study, revise your estimate that nearly everyone would gladly use 2FA for every purchase.
(Additionally, merchants wouldn't be thrilled about any system which makes it difficult for their customers to spend money. If the Stripe API had a field for require_two_factor_authentication I'd set it to "false" or "are you freaking kidding me? no!" simply because I know that will cost me more in lost transactions than I lose to CC fraud.)
Do you have a trusted friend or family member who is not a technologist? Ask if you can watch them a) sign up for 2FA for their bank and b) complete one end-to-end transaction using 2FA.
You may, in response to this short anthropological study, revise your estimate that nearly everyone would gladly use 2FA for every purchase.
(Additionally, merchants wouldn't be thrilled about any system which makes it difficult for their customers to spend money. If the Stripe API had a field for require_two_factor_authentication I'd set it to "false" or "are you freaking kidding me? no!" simply because I know that will cost me more in lost transactions than I lose to CC fraud.)