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Banks hit with millions in fines for using Signal and WhatsApp

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Re: Banks hit with millions in fines for using Signal and WhatsApp

#241

Earlier quoted context omitted.

In Turkey when police stops you on a street they take photo of your ID card and then send those images through Whatsapp to a police station. And then you wait for an answer. Happens very often.

Is there not a way to query a database with the ID from a phone? Why the extra steps?

I am not aware of such thing. May be they didn't want every police to query the database.

But it appears that there is a face recognition app https://youtu.be/l8R6ZwSTLzU?t=105 the guy who is using the app in the video was the interior minister.

Re: Banks hit with millions in fines for using Signal and WhatsApp

#242

Earlier quoted context omitted.

The headline isn't clickbait enough. Banks are using encrypted messaging to avoid leaving evidence.

For many institutions SMS and iMessage are not approved platforms for records retention, it doesn't really have anything to do with being E2E

It's still not clickbait. It's an honest headline, and a good one because it draws in the reader as is the point of a headline. Headlines are not supposed to replace the article which seems to be the real problem this thread has. The headline would still not be clickbait if they were fined for using sms and the article said "fined for using sms."

Re: Banks hit with millions in fines for using Signal and WhatsApp

#243
post #9

Earlier quoted context omitted.

Never heard of it. Perhaps not in the entire europe?

> Never heard of it. Perhaps not in the entire europe? Never heard of Whatsapp? Try removing the comments where you talk about it then.

I'm sorry you can't understand text.

Re: Banks hit with millions in fines for using Signal and WhatsApp

#244
post #235

Earlier quoted context omitted.

Not retaining written comms is evading regulations - "retain written comms" is one, and using Signal/WhatsApp is evading it. Nobody working in banking is unaware of the written comms rules. Nobody using Signal or WhatsApp in that context is unaware they can't retain written comms. Can you prove intent? Probably not. Is it clear as daylight why this happened? Uh, yes. And so the SEC hits them where it hurts at least a…

Keep on carrying water for the NSA. We can live in a total surveilace world just by triggering you with "banks are bad." People use iMessage/Signal/WhatsApp for myriad reasons: some good, some bad. There's no evidence in this case that any of what was said was in furtherance of a crime. The crime they've been fined for is that people--just people--were talking in totally normal communications channels, and their empl…

If you are working in banking, you know you are supposed to archive comms. If you then knowingly don't archive, you are deliberately sidestepping existing regulations.

That's a much stronger issue than "if you've got nothing to hide, you don't need secrecy" nonsense that I suppose your NSA comment is supposed to refer to. Nobody is making that argument here.

As for "it's just people talking" - what else do you suppose a "archive all communications" regulation refers to?

And sure there's no evidence. Hence my "can you prove intent" statement. But if it's a regulatory violation that other banks have already been fined for, years ago, and you still sidestep the regulation, there's a strong question why you keep sidestepping it.

If you don't like that, you might not want to work in a space with regulatory oversight.

Re: Banks hit with millions in fines for using Signal and WhatsApp

#245
post #235

Earlier quoted context omitted.

Keep on carrying water for the NSA. We can live in a total surveilace world just by triggering you with "banks are bad." People use iMessage/Signal/WhatsApp for myriad reasons: some good, some bad. There's no evidence in this case that any of what was said was in furtherance of a crime. The crime they've been fined for is that people--just people--were talking in totally normal communications channels, and their empl…

If you are working in banking, you know you are supposed to archive comms. If you then knowingly don't archive, you are deliberately sidestepping existing regulations. That's a much stronger issue than "if you've got nothing to hide, you don't need secrecy" nonsense that I suppose your NSA comment is supposed to refer to. Nobody is making that argument here. As for "it's just people talking" - what else do you suppos…

You support heavy handed and intrusive violation of the privacy of all people who work in the financial sector. You support big brother. Sugar coat it all you want, but you're the one who is cheering on the NSA to de-network encrypted platforms that depend on network effects for our protection

Re: Banks hit with millions in fines for using Signal and WhatsApp

#246
post #245

Earlier quoted context omitted.

If you are working in banking, you know you are supposed to archive comms. If you then knowingly don't archive, you are deliberately sidestepping existing regulations. That's a much stronger issue than "if you've got nothing to hide, you don't need secrecy" nonsense that I suppose your NSA comment is supposed to refer to. Nobody is making that argument here. As for "it's just people talking" - what else do you suppos…

You support heavy handed and intrusive violation of the privacy of all people who work in the financial sector. You support big brother. Sugar coat it all you want, but you're the one who is cheering on the NSA to de-network encrypted platforms that depend on network effects for our protection

You might want to acquire reading skills.

I am talking about business communications in a regulated sector.

Re: Banks hit with millions in fines for using Signal and WhatsApp

#247
post #245

Earlier quoted context omitted.

You support heavy handed and intrusive violation of the privacy of all people who work in the financial sector. You support big brother. Sugar coat it all you want, but you're the one who is cheering on the NSA to de-network encrypted platforms that depend on network effects for our protection

You might want to acquire reading skills. I am talking about business communications in a regulated sector.

If you think that's what you're talking about, then go actually learn what happened. As it is, you're just being the NSA's "useful idiot" by trumpeting their agenda without realizing what you're supporting.
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