Ars Technica
4 months agoPrivacy professionals
Mugger take your phone? Cash apps too easily let thieves drain accounts, DA says
Popular financial apps like Venmo, Zelle, and Cash App are not adequately protecting consumers from fraud that occurs when unauthorized users gain access to unlocked devices.
The Manhattan District Attorney is urging app makers to implement additional protections to prevent financial and physical harm to customers.
The District Attorney's office is interested in discussing Apple's 'Stolen Device Protection' feature as a potential security measure. [ more ]