Misha

London

Director

Nick I think you missed the point in the article. The static password suggested would be used only when the bank calls the customer.

What are the odds that the bank calls your phone number and instead of getting you, they get a fraudster on the line. This fraudster then luckily guesses your account number and then also knows your real phone number to call you back on. Yes, someone specifically targeting you, could hijack your phone line and wait for the bank to call but how many times does your bank call in a year?