this post was submitted on 20 Dec 2024
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Feds Warn SMS Authentication Is Unsafe After ‘Worst Hack in Our Nation’s History’ (gizmodo.com)
submitted 2 days ago by return2ozma@lemmy.world to c/technology@lemmy.world
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[–] capital@lemmy.world 14 points 2 days ago (1 children)

I assume businesses only jumped at the chance to enable SMS 2FA to get their greedy little fingers on our phone numbers.

[–] WhatAmLemmy@lemmy.world 1 points 1 day ago

It was the simplest/cheapest form of 2FA to implement. Grandma will never understand how to setup TOTP.

Capitalism requires regulations, otherwise it will ALWAYS do what is cheapest or most profitable, regardless of how dangerous or destructive.