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Co-op Bank/Smile changes to 2FA
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davidwatts
Posts: 354 Forumite
Basically ditching card readers and the use of "memorable name" for VBV, will be done by prompting customers to sign into the app or sending a code via sms or email. Can't say I'll miss the card reader!
https://www.co-operativebank.co.uk/security/two-factor-authentication?int_cmp=_srchppod3_prdservice_cmpdigauth
https://www.co-operativebank.co.uk/security/two-factor-authentication?int_cmp=_srchppod3_prdservice_cmpdigauth
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Comments
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I will miss card readers. They are more secure by far. SIM card swap attacks are very common nowadays.davidwatts wrote: »Can't say I'll miss the card reader!0 -
SMS and email verification is very easy to compromise.0
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