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Banks 'wasting millions' on two-factor authentication
John Leyden, The Register 2005-03-15

Banks are spending millions on two-factor authentication for their customers but the approach no longer provides adequate protection against fraud or identity theft, according to Bruce Schneier, the encryption guru.

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Banks 'wasting millions' on two-factor authentication 2005-03-15
Lavid Detterman
The Top Ten Attacks Two-Factor Authentication does not protect against

10. Armed Robbery

9. Grand Theft Auto

8. The atomic elbow drop

7. Wedgies

6. Atomic Wedgies

5. GI Joe?s Kung-Fu Grip

4. Sunday Drivers

3. SPAM

2. Forum Trolls

?and the number one Attack Two-Factor Authentication does not protect against?

1. Stupid Users

I hope a solution was offered in the ?paper??

[ reply ]

Link to this comment: http://www.securityfocus.com/comments/articles/10694/30903#30903
There is no solution though 2005-03-15
Anonymous
so called "expert" 2005-03-16
Anonymous (1 replies)
Re: so called "expert" 2005-11-18
twofish
It's too late.... 2005-03-16
en0k







 

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