They allege it was to help protect accounts and personal data.
TBH it scares me that more and more things may go this way. You want online banking, or w/e? Well! You better use “trusted device”! What does “trusted device” mean? It means the device is locked down against its “owner”.
It’s like a relentless march where personal computing dies and corporate computing takes over. Ever more, our technology answers to big tech, not us.