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>Mom banking on an iPhone is the safest way to bank yet invented, but she sees articles like this and ends up thinking exactly the opposite.

I do not know why people think this. I make sure nothing Financial Related is on any kind of Cell Phone. With the closed system, you have no idea what Apple or Google is seeing.

I miss the days before Cell Phones, where there were a lot of regulations surrounding Land Lines.




With the closed system, you have no idea what Apple or Google is seeing.

I think you have the 'inaccurate bits of conventional wisdom' reversed. People have a pretty good idea of what Apple and Google see and banking on your iPhone is safer than driving to the bank.


> People have a pretty good idea of what Apple and Google see

You say that, until: https://arstechnica.com/tech-policy/2023/12/apple-admits-to-...

One can really never know what happens with their data server-side. At this point, we barely even control what happens client-side too.


You are exactly the audience being misled by these articles. Apple or Google aren’t secretly screen recording you and couldnt care less about your bank account.


All I can say to this is "prove it".

If on Linux or a BSD, people can analyze what is happening by inspecting packets, seeing what is saved and being sent on the system. That cannot be fully done on phones.


It can be easily fully done on phones.

Not to the degree that a full-on conspiracy theorist will believe it - like the people who actually think that Apple telling us not to "close" iOS applications is actually some 5th dimensional chess Tim Cook is playing to get people's phones wear down more or something.

But enough to convince the best security experts I know and have heard of. That's enough for me.


Devil's advocate: User data is now more valuable than user consent or user trust, seeing as consumers are locked in to a few brands and AI is the way of the future.

I find it especially difficult to believe that Google has any moral qualms about extracting every bit of data possible.

I'm not saying they are, I'm saying it's based on trust and that trust has been broken.


Google wants all the data it can get on you that won't get it in serious legal hot water. Which is all quite sketchy.

But, extracting your financial information is so far into the boiling ocean of criminal prosecutions and mass customer abandonment, that they are heavily incentivized as an ad company, and operating system developer, to make sure that neither they nor anyone else can get that information.

That doesn't mean there can't be security gaps that could reveal financial information, but Google is the one looking to prevent them, and plug them when found, not leverage them.


https://www.theverge.com/2022/11/22/23471842/facebook-hr-blo...

If Facebook ads has it , don’t other ad systems have to compete ?


User trust is the most valuable thing, because they won't give you money at some point if they don't trust you.

User data is more like nuclear waste whose identifiable storage must be avoided as much as possible.




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