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Easier said than done. You have to maintain two phones then (updates, keeping charged). You don't want to carry two phones around. Also you have to have two SIM cards/telephone numbers which costs money.
don’t need sim card on second one it is even more secure that way it is very common to have different phones for people who work with money transfers (including crypto)
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How would you root without resetting it?
backup, root, recover?
Isn't that what happens in Europe with most rooted phones and banks too? At least I can remember my banking apps stopped working.
They need to go further to outlaw hide root apps, and then install special app to track the status of the phone to make sure it is not rooted. Then allow police to randomly check the presence of this app on people phones. Every phone needs to be registered and pass hardware inspection every year. Even better, make so called offices where people can come and deposit or transfer money, it will be super safe.
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Eventually though I suspect that web access to banks will be rescinded too, much like HMRC in the UK no longer permits companies to submit their taxes through the websites. In the future, everything will need an 'app'.
This seems like a massive jump to conclusions.
Do those same banks have websites that you can access from a computer with root access? Most likely, yes.
Eventually though I suspect that web access to banks will be rescinded too, much like HMRC in the UK no longer permits companies to submit their taxes through the websites. In the future, everything will need an 'app'.
Earlier quoted context omitted.
Eventually though I suspect that web access to banks will be rescinded too, much like HMRC in the UK no longer permits companies to submit their taxes through the websites. In the future, everything will need an 'app'.
This seems like a massive jump to conclusions.
Earlier quoted context omitted.
Yes, but a web browser doesn't run HTML + JS as root.
Dependence on a secure client is generally a bad idea. Security should be server-side.
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.
Do those same banks have websites that you can access from a computer with root access? Most likely, yes.
Eventually though I suspect that web access to banks will be rescinded too, much like HMRC in the UK no longer permits companies to submit their taxes through the websites. In the future, everything will need an 'app'.