Newer motorola smartphones promise 5 years of software updates. Everyone before is screwed. But, buying the newest should be fine if they research before making a purchase.
Even better option would be a dedicated password manager with MFA like Proton Pass etc. but banks use their authentications in various ways and are regulated more.
You are mentioning a domino effect, but the main goal is beneficial in itself, increasing security. I hope people posting here are not using Windows XP in 2024, or have not updated their Linux packages since 2017.
Go search for how long companies take to patch a vulnerability. It is like 60 days for critical CVEs on average, 300 days overall.
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Banking apps can now require recent Android security updates | Spyke
RIP Motorola
Rip Sony.
Newer motorola smartphones promise 5 years of software updates. Everyone before is screwed. But, buying the newest should be fine if they research before making a purchase.
I see a lot of people going back to the old www . bankwebsite . com.
Phone apps are just modern toolbars.
And in case you forgot that scourge:
I have 3 bank accounts and all require mobile apps. The Web Apps are limited in what they can do.
That really does suck, and is poor product design. Besides using the desktop site, I'm not really sure how to easily get around that.
It is a good design, especially security wise. Many banks require 2FA from their app/companion app.
Logging into the bank app using the bank app as the mfa is good design? Is that what you mean?
Yes, not ideal, but better than mere website.
Even better option would be a dedicated password manager with MFA like Proton Pass etc. but banks use their authentications in various ways and are regulated more.
That will mean that they'll be able to sell more phones because people won't be able to run the bank app on a older machine?
This will limit phones without longterm software support. The ones which don't provide decent enough software support will be left in the dust.
Hopefully a small pain which will encourage better behaviour overall in the future. Hopefully.
You are mentioning a domino effect, but the main goal is beneficial in itself, increasing security. I hope people posting here are not using Windows XP in 2024, or have not updated their Linux packages since 2017.
Go search for how long companies take to patch a vulnerability. It is like 60 days for critical CVEs on average, 300 days overall.