Banks do care because they are on the hook. If someone commits identity theft and steals money from the bank via your account, its on them.

beeflet 4 days ago | parent | next [-]

There is no such thing as identity theft. That is a term made up by banks to pass the blame for their insecure means of authentication.

	▲	otterley 4 days ago \| parent [-]
		There is such a thing, if you equate “identity theft” with the fraud it enables. Stealing credentials just the first step.

bdangubic 4 days ago | parent | prev [-]

this is not identify theft :)

As long as he didn't give out credentials to his bank account, he's well covered.

	▲	bdangubic 4 days ago \| parent [-]
		he's most definitely not covered. I would run this scam 24/7 with every bank in America if I was "covered" :)