this post was submitted on 19 Sep 2024
53 points (94.9% liked)

Privacy

31921 readers
683 users here now

A place to discuss privacy and freedom in the digital world.

Privacy has become a very important issue in modern society, with companies and governments constantly abusing their power, more and more people are waking up to the importance of digital privacy.

In this community everyone is welcome to post links and discuss topics related to privacy.

Some Rules

Related communities

Chat rooms

much thanks to @gary_host_laptop for the logo design :)

founded 5 years ago
MODERATORS
 

This should be far more secure and privacy friendly than a Sim card of a cellular connection. Why isn't this done more often? What are the Pros and Cons. I bet the price is similar as well.

you are viewing a single comment's thread
view the rest of the comments
[โ€“] [email protected] 2 points 1 month ago (1 children)

My EU bank never ever used my phone number to verify anything. They only used it to contact me on some occasions. 2FA is done through their app.

[โ€“] [email protected] 1 points 1 month ago* (last edited 1 month ago)

Oh, right, their closed source app. Thats allowed. So it requires a phone.

So the OTP is still transmitted to satisfy the requirements of PSD2. But TOTP (a more secure system that doesn't transmit the OTP at all) is not allowed.