alt Hacker NewsThis isn't about the bank's security - it is about the users'.
Users are losing billions worldwide due to fraudulent apps. If a user has root and runs a malicious app, it can intercept what a legitimate banking app does. A scam app with root can draw over the screen and tell users to transfer money, or it can run a series of actions when the banking app is running, or do any of a hundred things to steal money.
Replies
dvngnt_ • last Friday at 5:44 PM
> A scam app with root can draw over the screen and tell users to transfer money
On android, I believe this can be done rootless via accessibility permissions that can display on top of apps
➕ show 1 reply
> A scam app with root
Sure. But the people who are actually rooting their phones are advanced users and aren't going to install a malicious custom OS. Are naive users getting tricked into rooting their own phones? I'm dubious what the security benefit is of this decision.