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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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It's too late.... 2005-03-16
en0k
He's right, this should have been done 10 years ago when it was relevent. What's the use of adding a deadbolt lock to your front door when there's nothing stoping me from coming in the back door? This won't make much of a difference to criminal hackers. The tactics that are used today would already ...

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