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Comment Re:Why are critical systems connected to the inter (Score 1) 212

Why do banks ... NOT allow me to block access from other countries (and/or identify which country I'm visiting)?

A: You need to change banks.

My online banking allows me to block the use of my card to make in-store purchases or ATM withdrawals within and/or outside the country and/or EU. I can also enable or disable the use of my card for online purchases. I can also enable or disable any use of the card for other than logging into online banking from within the country--that last item takes a call to the bank. (Not sure whether not being able to lock yourself out unless you're overseas is a good or bad thing.) I can also set and change separate limits on in-store purchases, cash withdrawals, and online purchases. Doing any of these things takes about 2 minutes, and I can do any of them any time that it suits me.

Banking online with my bank also requires multiple factors--the card, a card reader issued by the bank, a government-issued personal ID number, and the PIN--and uses multiple challenge/response to confirm login and any monetary transactions, with a time limit of 4 minutes before the codes become invalid and you must start the authentication process over from scratch. I'm aware that there's no such thing as perfect security, but this seems to run pretty close.

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