2min chapter

Surveillance Report cover image

Can You Trust Bank Security?

Surveillance Report

CHAPTER

Introduction

The hosts discuss the limited two-factor authentication (2FA) options offered by banks, highlighting the discrepancy between traditional SMS and phone call options and more secure alternatives like software-based time-based one-time password (TOTP) and hardware keys. They explore potential reasons behind banks' slower adoption of modern security measures, including reliance on legacy technology and the absence of consequences for breaches.

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