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Comment: Re:I like Bank of America's approach (Score 4, Insightful) 140

by maladroit (#29557921) Attached to: Cyber Gangs Raise Profile of Commerical Online Bank Security

As Bruce Schneier recently pointed out, MITM attacks are now much more common, and likely to become widespread.

Now, if they used that cell phone message to authenticate the exact transaction you are performing, you'll be much more secure.

Of course, if it's too easy to update the cell phone number, all bets are off.

What sin has not been committed in the name of efficiency?