I worked at a bank on the backend for architecture and security.. and I've posted this attestation here before, but the sheer volume of fraud and fraud attempts in the whole network is astonishing. Our device fingerprinting and no-jailbreak-rules weren't even close to an attempt at control. It was defense, based on network volume and hard losses.
Should we ever suffer a significant loss of customer identity data and/or funds, that risk was considered an existential threat for our customers and our institution.
I'm not coming to Google's defense, but fraud is a big, heavy, violent force in critical infrastructure.
And our phones are a compelling surface area for attacks and identity thefts.
Should we ever suffer a significant loss of customer identity data and/or funds, that risk was considered an existential threat for our customers and our institution.
I'm not coming to Google's defense, but fraud is a big, heavy, violent force in critical infrastructure.
And our phones are a compelling surface area for attacks and identity thefts.