, 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
2005-10-19
Todd Knarr (2 replies)
Todd Knarr (2 replies)
Re: Two-factor banking
2005-10-19
Anonymous (1 replies)
Anonymous (1 replies)
Re: Re: Two-factor banking
2005-10-19
Todd Knarr (1 replies)
Todd Knarr (1 replies)
Two-factor banking
2005-10-19
Anonymous (1 replies)
Anonymous (1 replies)
Two-factor banking
2005-10-20
Anonymous (3 replies)
Anonymous (3 replies)

More than that, however, is the fact that this article was never meant to focus on the U.S. regulation, it was simply to argue for two-factor authentication around the world. Please remember columns are opinionated articles not news reports.
Tokens, smart cards, one-time passwords, biometrics can all be part of a two-factor approach.
Regardless, as a Canadian I find the U.S. guidelines interesting, but not the definitive guide to banking security. My hope was that we could use the document to help push for more secure banking systems everywhere, that's all.
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Link to this comment: http://www.securityfocus.com/comments/columns/363/32618#32618