No 2 Factor Authentication

wilcom | Aug 5, 2024 | 15 posts since 2023

I have come across several banks and CU's that have great CD and savings rates but do not utilize 2 factor authentication for website account access. Additionally several banks and CU's have done away with text alerts for account transactions, deposits, debit card transactions etc and only do email...even AMX stopped it back in Oct 23.

Why cant I find any bank or CU that still has these features. Just spoke to Bask Bank CSR about it since 2 factor and account text alerts were not stated in their disclosures but the CSR said they provide both of these security services. He did not know why it was not stated in disclosures.

What the heck is happening to security on these bank sites? Do they want crooks to hack our accounts? What could be the motive behind all of his lax security?

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Answers

jack12 | Aug 31, 2024 | 307 posts since 2021

My broker rarely asks for it but every now and then they do. The problem for me is, I use their active trader software even though I am not really an active trader anymore. Except treasuries. It takes me to their main page when needed. Otherwise I am fairly inept at using their website for stuff I am used to seeing on atp.

Anyway, the last 2 times it tried to do a 2 factor from atp, it insisted on sending a test which is fine, EXCEPT whatever idiot who wrote the program made it such that it totally freezes my screen to where my only option is to enter my code. Except I don't use a smart phone. And my code goes to my gmail account. And I am unable to get to my gmail account because the apt program has me locked into that page and I am unable to make the page smaller or close out without closing the entire program out. After 5 minutes of feverishly trying I gave up & closed out. Went to gmail and got the code. Logged back in and it has not asked for it since. And of course the code is only good for 30 minutes. I sent them an email bitching them out. Seems to me that these 20 something kids who spend their lives on their phones should realize that there is a chunk of customers with perhaps a bigger chunk of the money that do not use them. I have a flip phone. Actually 2. Both stay in the car. One is off all the time except if I have to made a call which is rare. The other has no sim card and I use it for a walkman.
If I ever murder someone they will have a hard time using my phone as evidence of my whereabouts. LOL
And this is not a threat on the cackler. I don't want her dead. I just want her laughed into existence so that even the democrats cheating cannot steal the election. (I never claimed the last won was stolen because while it could have been I have not seen enough evidence that the outcome would have changed)
Hopefully the FBI is a few more elections away from throwing people in jail merely for not voting democrat.

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