Earlier quoted context omitted.
I worked at a bank on the backend for architecture and security.. and I've posted this attestation here before, but the sheer volume of fraud and fraud attempts in the whole network is astonishing. Our device fingerprinting and no-jailbreak-rules weren't even close to an attempt at control. It was defense, based on network volume and hard losses. Should we ever suffer a significant loss of customer identity data and/…
I wish we had technical solutions that offered both. For example, a kernel like SeL4, which could directly run sandboxed applications, like banking apps. Apps run in this way could prove they are running in a sandbox. Then also allow the kernel to run linux as a process, and run whatever you like there, however you want. Its technically possible at the device level. The hard part seems to be UX. Do you show trusted a…
You also have so much grey area where things aren't actual illegal, such as gathering a massive amount of information on adults in the US via third party cookies and ubiquitous third party javascript.
Thats why platforms created in the internet age are much more opinionated on what API they provide to apps, much more stringent on sandboxing, and try to push software installation onto app stores which can restrict apps based on business policy, to go beyond technological and legal limitations.