Path: ...!eternal-september.org!feeder3.eternal-september.org!news.eternal-september.org!.POSTED!not-for-mail From: "Newyana2" Newsgroups: comp.mobile.android Subject: Re: Codes sent by text message Date: Wed, 13 Mar 2024 07:40:16 -0400 Organization: A noiseless patient Spider Lines: 42 Message-ID: References: <86r0gemqum.fsf@example.com> Injection-Date: Wed, 13 Mar 2024 11:40:22 -0000 (UTC) Injection-Info: dont-email.me; posting-host="da6463686baf29af5006060b4a9f085b"; logging-data="994437"; mail-complaints-to="abuse@eternal-september.org"; posting-account="U2FsdGVkX1+1rvB32/F4uT4fC9IK1zrtX0Oa5FHv6Ak=" Cancel-Lock: sha1:Mc+GWVFNKsG0vSTlbNOkUExHT/8= X-Priority: 3 X-MimeOLE: Produced By Microsoft MimeOLE V6.00.2900.5512 X-Newsreader: Microsoft Outlook Express 6.00.2900.5512 X-MSMail-Priority: Normal Bytes: 3296 "Richmond" wrote | I would rather use it than use an android phone. I don't trust the | security of android phones, and I have a suspicion that banks don't | either, but they are not taking responsibility. Who will pay if your | phone gets malware on it and steals your credentials? That's a good question. To read the media it seems that identity theft is rampant, though I don't actually know anyone it's happened to. Credit card companies will usually reimburse losses, but they don't have to. They're doing it so far because they profit by encouraging people to use cards without worry. Debit cards are less protected. Commercial debit cards have no protection in the US. With personal debit cards there are limitations. If I remember correctly, one is that any theft must be reported within something like 2 1/2 days. How many people even read their bank statements or balance their checkbook to know if something goes wrong? The level of abstraction makes me nervous. WW3 might be started and won by one country simply hacking into multiple networks simultaneously and tainting the records beyond salvaging. Then everyone wakes up the next day a random pauper or billionaire. Everything could collapse. On the other hand, money under a mattress also has severe limitations. I avoid any online banking. I can still walk and drive. Social security is auto-deposited. I just don't need online banking, so there's no sense risking it. I've also locked my credit. In the US one can contact 3 credit reporting agencies, establish a lock, and from then on no credit cards can be issued. If you need a new credit card, you unlock it temporarily. That method also provides a great excuse for pushy store clerks who want me to sign up for their store card. "Oh, I'd love to, but I have my credit locked. Haven't you done that yourself?"