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> And if it drains people’s bank accounts because they aren’t savvy enough to know that their bank’s app is realbank not realbankofficial? Deal with it? But...
by danShumway 3y ago
> And if it drains people’s bank accounts because they aren’t savvy enough to know that their bank’s app is realbank not realbankofficial? Deal with it?
But... will this proposal stop that from happening? I think with every tradeoff between security and freedom, before we get into the philosophical questions we have to ask, "are we getting security from this tradeoff."
Tbh, it is not clear to me how this improves security. The way I'll drain your bank account is by setting up a phishing site and proxying requests to your bank. That's how I would do it before this proposal, and it seems like post-proposal that would still work exactly the same way?
I don't feel like I've seen enough information yet about how this is going to work to be able to confidently say that this is going to improve security.