Are you okay with buying a new computer running the operating system and browser someone else wants to access your bank's web site?
You can still use you current computer and bowser to access HN.
This will not increase security for the user either, it's just a new barrier at the risk of higher fingerprinting. Why should you care how your bank handles security? It's their responsibility, not yours to handle.
This is bad as a user story if you are not blessed and get likely locked out because the web operator doesn’t recognize you as valid
This is worse in the second order effects in that it can be leveraged to fight against ad blockers, paywall bypassers, YouTube video downloaders, and so on, by forcing all those user-friendly software under the umbrella of being unblessed. Hence the moniker of “web DRM”
It is not technically impossible, it's just going to arduous.
Despite what some on the political spectrum try to say, the Internet has become a basic human right. It is required in schools in America. In many cases, it is required to even interact with certain government entities. Allowing governments and corporations to force users to a specific browser on a specific operating system just to interact with their site goes against everything the web is supposed to be -- an open platform for the free exchange of ideas.
This proposal is a slap in the face to all of that and basically allows governments and corporations to force users to use what those governments and corporations choose.
This is net neutrality all over again, just in a different vein.
I, for one, will continue supporting Mozilla and Firefox and will never again use Chromium-based browsers, or any browser which supports this. I just hope I can keep browsing the sites I need to.
Will this person's bank implement WEI in such a way that none of this person's devices (computer, phone) are supported and will this person not be willing or able to switch banks, only then buying a new computer comes into view. Without knowing anything about this person, assuming average, the chances for this must be low or the bank will have no happy customers left.
I fully agree with the underlying worries you and others in this thread have, but to extrapolate that without any nuance into a world where we all become privacy-less, ad consuming, eye tracked zombies on newly bought computers is not helping the case (in my view).
It's like how all these "free" websites coasted along for years being quite user friendly, but have recently switched to extraction mode. Anybody who thought about the incentives knew what was coming down the line eventually.
Yes, they will, because it has already happened.
On Android many many banking apps block rooted phones and custom OSes by using Play Integrity and Safetynet. And then games started doing it too, you can't play Pokemon GO unless your phone's OS passes Safetynet. And then restaurants joined in. Sorry, you can't order from McDonald's unless you pass Safetynet.
When does it stop?
They will now have to use old fashioned social engineering to make you cough up that credential to steal.