There are (illegal) marketplaces initial access brokers sell session cookies on. Some companies try to defend against that by e.g. checking whether it's even possible that you travelled from place A to place B within a certain timeframe and, based on that, might invalidate your cookie. But then again attackers, depending on their sophistication, find their ways around it by ensuring they proxy their traffic via geographically close residential proxies, use the same OS and browser versions, etc.

Google now wants to bind credentials to a device by storing the secret in the TPM: https://blog.google/security/protecting-cookies-with-device-...