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Feds Warn SMS Authentication Is Unsafe After ‘Worst Hack in Our Nation’s History’ (gizmodo.com)
submitted 2 years ago by to c/technology@lemmy.world
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[–] 5 points 2 years ago (4 children)

One big reason I'm hesitant to keep my money in banks is because banks think the best form of two-factor authentication is text message based 2FA and I'm like that's barely any 2FA at all.

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  • [–] 6 points 2 years ago (3 children)

    My banks are like that too. Of course I can't speak to anyone who might influence that decision. Steam has better security than almost any other account I have. I appreciate them for that but it also seems ludicrous to me that my video games are more secure than my bank accounts.

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  • [–] 4 points 2 years ago (2 children)

    I keep my money in Monero. That way, it's me who has to be targeted instead of an institution. And if I fuck up and lose it, it's my own damn fault.

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  • [–] 3 points 2 years ago (1 child)

    I have some crypto, some stocks, etc. For many things I still need standard banking though. Crypto just isn't there yet. Maybe someday... But having money distributed is still smart either way, so I have many baskets for my eggs.

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