🔐 Why do banks, supposedly the most secure institutions, still use such weak security measures?
FJRG2007 ツ

FJRG2007 ツ @fjrg2007

About: Cybersecurity & Artificial Intelligence Specialist | Founder & CEO, TPEOficial | Full-Stack Developer, DevSecOps & Intelligence Analyst

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Spain
Joined:
Jun 19, 2024

🔐 Why do banks, supposedly the most secure institutions, still use such weak security measures?

Publish Date: May 30
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Today, most banks use the national ID (DNI) as the default username.

And yes, in many cases, the password is still exactly 6 digits, no more, no less.

Add to that:

  • No real 2FA (only SMS, which is easily intercepted).

  • No detection for suspicious changes in OS, IP, or location.

  • No basic controls that any decent SaaS product already implements.

The irony? We're told to protect our passwords, but the system itself limits security by design.

👉 If you know someone’s ID number (which in Spain is public in thousands of databases), you’re halfway into their account.

And then we act surprised when phishing or digital fraud skyrockets?

💭 As a dev and cybersecurity expert, I ask:

are we really protecting the money or just making it look safe?

#cybersecurity #banking #fraudprevention #infosec #startups #fintech #ux #devlife

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