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Who takes responsibility when a customer loses money because of bank's poor security? Postbank.de uses a 6-character pasword (!), and they seem to rely on 2 fa
by rhn_mk1 9y ago
Who takes responsibility when a customer loses money because of bank's poor security?
Postbank.de uses a 6-character pasword (!), and they seem to rely on 2 factor authentication for actually moving money. I assume my transaction history is public.
I'd like to know what incentive besides regulation do banks have in order to keep peoples' accounts private.
- iamthirsty 9y agoBanks don’t have any incentive to do anything that doesn’t make them money except for regulation.
- sgroppino 9y agoAnd competition.
- jackgavigan 9y ago> Who takes responsibility when a customer loses money because of bank's poor security? The bank.