pull down to refresh

KYC IS THE PROBLEM.

(But surely, at some point, if everyone's Dara is available and AI can fake things, KYC will become untenable...and surely, at some point, politicians and bureaucrats will be reasonable...)

This is why I get so fed up with this KYC thing. We are all doxxed one way or another. Super frustrating

reply

My fiat bank had a breach a few years ago. My data is already up there for sale. All we can do is protect our kids now and teach them early.

EDIT: Even then, the government will leak their data... we are fucked.

reply

This is my feeling.

reply

KYC is the main problem, because it uses original documents, be careful when displaying original documents, so far I'm also fed up when someone asks for KYC.

reply

The honey pots can and will be breached. Act accordingly. No company is capable of keeping YOUR information safe, none.

reply

And yet it's pretty difficult to survive in society without surrendering info. Often, you don't even have a choice.

reply

Math accordingly.

reply

Indeed, KYC is the problem.

reply

KYC is the nefarious act. This is where it begins.

reply

Unbelievable.

reply

In a decentralized system, some people get hacked and scammed. Then, those people lobby the government for centralized protection. Then, the centralized entities get hacked and all data is compromised, but it doesn't feel so personal anymore, so they do not mind.

reply

Executives need jail time. Accountability can't be a function of dollars, it needs to hit their opportunity cost, time and reputation.

reply

The government should issue a revocable GPG key to parents instead of an SSN. Parents are responsible for revoking the key with the publication of a new one. Everyone gets a GPG key, which can be used to sign for authentication. We need to end this joke that an SSN is a secret.

reply

Kyc has already become untenable. This is yet another example!

Those who justify Kyc are working as agents to the hackers and scammers. What's funny that they even don't know it.

reply

How is KYC data still valuable to hackers? Who is going to buy that on the dark net when it's already easily available from many previous leaks? Whose personal data isn't available at this point?

reply

And how is it tenable for businesses to rely on it for much of anything?

reply

No need for KYC garbage. kNOw Your commandments

reply

You might be affected by one of the biggest data breaches ever and not even know it.

A recent class action lawsuit filed against Jerico Pictures Inc., a background check company that does business under the name National Public Data, claims that the company was breached by hackers earlier this year.

As a result, the lawsuit says, confidential data for 2.9 billion was exposed and stolen by a hacker group known as USDoD.

reply

Data leaked or stolen by design until normalized. What is the term for spoofing data? I think we need much more of that.

reply

100 percent if Ai can fake kyc then

reply

The irony that they were the ones that got hacked

reply

I guess Ai can't fill kyc All tho it should be possible

That’s why I’m so uptight about my personal information online 😢😜

Wow 3 billion people affected! This is massive like littery