Developed countries use literally anything else. TOTP apps, encrypted apps, Card reader code generation, identity providers, 3rd party verification programs, etc…
America uses it because it is cheap and easy and it pushes the infrastructure cost to someone else, not because it is secure. My american bank I keep only had SMS from american numbers to start, now they have TOTP app support, passkey support, and are going to phase out their SMS because of security.
Also, SIM phishing is pretty common… There doesn’t have to be any physical access to the phone. It is a standard phishing attack and they get all your SIM details and spoof it in an automated system.
the default in america
Developed countries use literally anything else. TOTP apps, encrypted apps, Card reader code generation, identity providers, 3rd party verification programs, etc…
America uses it because it is cheap and easy and it pushes the infrastructure cost to someone else, not because it is secure. My american bank I keep only had SMS from american numbers to start, now they have TOTP app support, passkey support, and are going to phase out their SMS because of security.
Also, SIM phishing is pretty common… There doesn’t have to be any physical access to the phone. It is a standard phishing attack and they get all your SIM details and spoof it in an automated system.
No.
No one was discussing security.