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Results tagged with banks
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user 245573
Use for questions about security practices used by banks and other financial institutions.
56
votes
Should a bank be able to shorten your password without your involvement?
Those 20 first characters are probably stored using a reasonable salted hashing scheme or a hardware security module (given all sorts of audit requirements, banks are in general slightly less likely to …
- 851
1
vote
0
answers
133
views
Are banks significantly reducing security by migrating everyone to mobile banking?
I have noticed a disturbing trend across banks (in the EU). Previously, many banks used 2FA by combining a login/password for an online banking website with a mobile authenticator app. … So why do banks consider this reduction in security acceptable? …
- 851