this post was submitted on 05 Dec 2023
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Major banks using SMS 2FA is pathetic
I've complained to my bank on multiple occasions about their shit password and 2FA policies and they just don't care. The excuse I got one time was "don't worry about it, if your account gets hacked you are covered"
Support for App based 2FA codes should be supported at minimum, but really they should also be supporting security keys. Especially if they are going to use insecure SMS 2FA as a reason to deny covering you for fraud.