Thread - Nostr Hypermedia

Bill Cypher bill@nostrplebs.com 2 years ago

For you to accurately KYC someone, you must outsmart both AI and stolen identities from data breaches. AI and stolen identities are both improving in quality. AI may slow, but stolen identities will always rise to the level of current KYC practice because the source is leaked KYC data. That means that KYC brokers always desire more data, to the point of infinite invasiveness.

Replies (2)

Lonelypumpkins lonelypumpkins@nostrplebs.com 2 years ago

Name Ph# DOB Address Bank statement Utilities bill SS# (which has become de facto national ID in the US) Pay stubs W2's Photo of gov ID Selfie Selfie holding gov ID DNA sample Photo of taint Selfie including taint and holding gov ID ???

Michael Matulef MichaelMatulef@nostrplebs.com 2 years ago

KYC creates new dangers rather than providing protection. Collecting more personal data simply expands the target for evolving cyberattack tactics that exploit ever-growing system vulnerabilities. View quoted note → View quoted note → View quoted note →