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Canadian FI's Behind The Times On '2FA' ?
October 7, 2019
9:05 am
Selkirk
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October 25, 2019
12:41 pm
Selkirk
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An interesting quote from that ⬆ article:

" ... A search of Scotiabank's website shows 2FA is offered at its international outlets but not, apparently, in Canada. ... "

October 25, 2019
1:20 pm
Oscar
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Dean said
An interesting quote from that ⬆ article:

" ... A search of Scotiabank's website shows 2FA is offered at its international outlets but not, apparently, in Canada. ... "  

They aren't liable for the ( Canadian ) losses so it's not very important . In some other countries they are liable and so it is important.

October 25, 2019
7:13 pm
Norman1
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The criminal groups in certain parts of the world, like in some European countries, are more advanced. As a result, losses are higher and justify more expensive measures.

That's why chip-and-PIN cards were in Europe first.

It's also in Europe (France) that the first known compromises of the chip-and-PIN cards surfaced: Wired (October 2015): X-Ray Scans Expose an Ingenious Chip-and-Pin Card Hack.

October 25, 2019
7:22 pm
GICinvestor
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Norman1 said
The criminal groups in certain parts of the world, like in some European countries, are more advanced. As a result, losses are higher and justify more expensive measures.

That's why chip-and-PIN cards were in Europe first.

It's also in Europe (France) that the first known compromises of the chip-and-PIN cards surfaced: Wired (October 2015): X-Ray Scans Expose an Ingenious Chip-and-Pin Card Hack.  

What came first, the chip in the credit card or the satellite TV card to prevent TV pirating?

October 26, 2019
3:41 pm
Selkirk
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.
For the record, TD (WebBroker) used '2FA' when I changed my password with them last month. So they do use it for some things.

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