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Your comment implies the security of a pin code on your phone screen is equivalent to an air-gapped hardware token, which is obviously false. I think at this p
by newnewpdro 8y ago
Your comment implies the security of a pin code on your phone screen is equivalent to an air-gapped hardware token, which is obviously false.
I think at this point we have enough examples of mobile phone numbers being insecure and mobile app stores being full of malware to categorically state your smartphone is not a secure enough device for accessing substantial sums of money.
- amelius 8y ago> Your comment implies the security of a pin code on your phone screen is equivalent to an air-gapped hardware token, which is obviously false. No, some banks allow only small payments after accessing the app without hardware token.
- penagwin 8y agoHe doesn't make that claim at all! It certainly would be less secure, but it's limited to smaller amounts of money. It depends on the banking app. For example, I'd rather have a 4 digit pin code to check my current balance then my 24char password. Also I have touchID so the security pin thing is a non-issue on my mobile device.