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Comment Re: Online Passwords are a SPOF (Score 1) 48

Not quite. The idea is still something you have vs something you know. Passwords even if they are stored on your authenticator device as secured and not automatically transmitted over the network, unlike passkeys / MFA.

Even if both are stored on your device it still presents two very different attack surfaces that must be compromised.

Comment Re:Online Passwords are a SPOF (Score 1) 48

Except that the passwords aren't "online". Authenticator runs locally on the device and is secured by whatever hardware security system is in place. There may be a sync function between devices, and an encrypted backup stored online, but what is being discussed is actively not "online only".

In addition to that Microsoft Authenticator supports multiple fallback systems, including typing in an offline stored single use code.

Comment Re:This is why (Score 1) 48

The argument against SMS is way overblown. For it to work an attacker would not only have to gain access to your account details but also spoof your phone on the phone network. Possible? Yes, likely? Unless a nation state is after you - no.

Dude this has happened multiple times, and it is super trivial. This isn't some theoretical attack. This is actively exploited by common criminals. Shit man Veritas on Youtube did it to Linus Tech Tips only a few weeks ago to demonstrate how absolutely trivial this is. It's a very simple social engineering hack.

Comment Re:A recent experience (Score 1) 106

My takeaway is that cashless transactions are fine, right up until the moment they suddenly stop working for whatever reason, and at that point everyone involved will either fall back to cash as a work-around, or wish that they could.

No business has 100% uptime. Today it's cashless systems, tomorrow it's a power outage preventing you opening your register. Close up shop and open again tomorrow. If you can't survive the day without business then you were going to go bankrupt shortly anyway, and your customers will live without a sandwich.

Comment Re:Cut off and under the flouroscope (Score 1) 106

You ignore your own generation. Those who didn't grow up with trackers in their pockets none the less grew up with email inboxes full of spam and advertisements and guess what happened... nothing. The world has gone to absolute shit, there's few things I could care less about right now than some advertising fuck send me a promotional email because they know I bought milk and a dildo last week.

Comment Re:Cut off and under the flouroscope (Score 1) 106

1. What do you do when your card no longer works to buy groceries because you pissed off someone high up in the government?

Presumably do what desperate people do, and go on a murderous rampage against the government with the problem solving itself. Seriously the government can fuck you up in countless ways, pretending that cash vs card is some issue is hilarious. If you piss of someone in the government to that extent, your line of credit is the least of your worries.

2. What do you do when you get a flooded inbox/mailbox full of offers from sellers

Nothing, because I live in a place with data protection laws, and I am a man of the 90s and have seen my inbox flooded with spam of all sorts, and it has had no effect on me so far. I frankly don't give a fuck if someone tries to sell me something, hasn't worked in the past 30 years.

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