> ”If some idiot roots their phone and downloads malware, the bank may be responsible for refunding them.”
This obviously depends on jurisdiction, but how commonly is this actually the case?
I’ve thankfully never personally been on the receiving end of fraud or identity theft, but my impression is that here, everything that happens up until the point you tell your bank ”hey, uh, I think my account’s been compromised” is pretty much on you. I don’t think rooting your phone, installing a banking app from some umauthorized source et.c would be hard to construe as negligence.
This obviously depends on jurisdiction, but how commonly is this actually the case?
I’ve thankfully never personally been on the receiving end of fraud or identity theft, but my impression is that here, everything that happens up until the point you tell your bank ”hey, uh, I think my account’s been compromised” is pretty much on you. I don’t think rooting your phone, installing a banking app from some umauthorized source et.c would be hard to construe as negligence.