Bill14564 |
08-19-2024 10:48 AM |
Quote:
Originally Posted by retiredguy123
(Post 2361828)
Personally, I think banks, medical facilities, and other institutions use SSNs because the Federal Government requires them to. Otherwise, I don't think they would. They would use a more secure system. I haven't borrowed of lent money in more than 40 years, so I really don't know much about loans.
|
.... In the previous post I left out any mention of online activity where a person is not present. Only once have I had a site ask me for a picture of my ID and a photo of myself so they could check that the name matched the ID and matched the person providing it. Online activity is hard to secure in a world where all your information is known.
What would be a more secure system? Some form of biometrics might work but that would require a central database storing your fingerprint, face, or other identifying information. There are certainly some who will push back against that just like they would push back against a National ID card.
Two-factor ID helps but only works if you happen to have your phone with you. Plus, some systems are now requiring an authentication app on your phone which needs to be installed correctly, authenticated correctly at installation, integrated with the other apps on your phone, and used correctly - what could possibly go wrong there?
Something more secure is needed but not easy to come by.
|