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> this is not true. banks take action and will not give you probably any more than 2 or 3 sets of lockouts before taking action. Except no lockout happens in t
by zAy0LfpBZLC8mAC 7y ago
> this is not true. banks take action and will not give you probably any more than 2 or 3 sets of lockouts before taking action.
Except no lockout happens in this case?
> You must not be from the US. To my knowledge, most banks will refund fraudulent purchases. in addition to being believable at face value, I have also personally had fraud charges reversed.
And what do you do when your bank tells you that they can't see any sign of fraud?
- gruez 7y ago>Except no lockout happens in this case? You're assuming that the lockout counter resets on successful login. Maybe there's a daily failed login counter.
- zAy0LfpBZLC8mAC 7y agoWell, maybe? But for one, that's a big maybe, but also, it does not fundamentally change the fact that an attacker has more than three tries, or whatever the official limit is.
- nybble41 7y agoAnd being able to lock arbitrary people out of their accounts is also a form of attack.
- css 7y agohttps://www.federalreserve.gov/supervisionreg/regecg.htm https://www.federalreserve.gov/supervisionreg/regecg.htm
- RHSeeger 7y agoOr what do you do when you can't pay your rent/mortgage because the bank hasn't returned your money yet. All that convincing doesn't happen instantly.