this post was submitted on 04 Apr 2024
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[โ€“] [email protected] 8 points 5 months ago (1 children)

As soon as a bank offers any sort of fraud protection, though, security becomes a bank issue (in addition to a "you" issue).

Not at all saying I agree with the banks on this, but I think that may be part of the thinking.

[โ€“] [email protected] 2 points 5 months ago

This is a good point. The bank needs to do as much as they can to reduce fraud risk, and they've probably found some correlation between rooted phones and a higher likelihood of fraudulent transactions. Some banks block VPNs for a similar reason - when logging in from a VPN, it's harder for them to tell that it's actually you vs if it's an attacker that uses the same VPN service as you.