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Google's shocking developer decree struggles to justify the urgent threat to F-Droid
(www.neowin.net)
This is a most excellent place for technology news and articles.
I'm not sure how it works the way where you live but where I live, the way the banking apps are implemented completely violate MFA. They rely on SMS verification which is absurd since if you're phone is already compromised, no doubt your SMSes are too. There's no true multi-device authentication in place and this has led to a huge number of victims being scammed after their devices get compromised by a phishing attack.
The desktop and phone are both insecure, proper security should not have all your eggs in one basket.
Yeah, SIM swaps are a concern too.
The phone is not insecure because of all eggs on basket.