Search: Home Bugtraq Vulnerabilities Mailing Lists Jobs Tools Beta Programs
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.

Submit Comment Mode:
Name:
Subject:
Message:
 
  Enter the characters that appear above
 
Banks 'wasting millions' on two-factor authentication 2005-03-15
Anonymous
Don't forget Schneier said two-factor authentication mitigated risk and it wasn't useless. I think the point he was trying to make was that you shouldn't start implementing old technology for new threats and expect that to fix the problem. We need new solutions....

[ more ]  




 

Privacy Statement
Copyright 2009, SecurityFocus