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Two-factor banking
Kelly Martin, 2005-10-18

People who lived through the Second World War, like my grandparents, had a very different view of money than those of us who grew up in the Information Age. Many of us still remember being told how foolish it is to keep one's life savings under a bed mattress, because the banks were known as trusted entities that will always do a better job of looking after your money. Even my grandparents, albeit reluctantly, came to realize that putting trust in financial institutions was the only way to go.

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Two-factor banking 2005-10-18
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Two-factor banking 2005-10-19
tarun_the_nut
I have doubts about the use of two factor for protection against phishing. The bogus website usually have the look and feel of the actual website . The fake website can act as a Man in Middle platform and pass the authentication credentials to the actual website and once the session is established, modify the transcation etc.

I think one of the most effective way of protection against phishing is end user awareness.

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Link to this comment: http://www.securityfocus.com/comments/columns/363/32536#32536
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