Many new bank security mechanisms designed to make hacking harder, actually make it easier. Bruce Schneier of Counterpane and crypto fame, has said the same thing for half a decadesolving authentication issues will not ultimately protect banks or bank customers. Banking trojans, which I’ve written on extensively, are man-in-the-end-node attack, and can, and do, easily bypass any of these authentication protections. On a related note, Schneier has said that solving authentication issues won’t ultimately protect customers.”]
Source: https://www.csoonline.com/article/2633114/bank-security-practices-making-it-easier-to-hack.html