The end of Phishing in sight?

["Fergie (Paul Ferguson)" <fergdawg () netzero net>]

At least a step in the right direction...

[snip]

Federal regulators will require banks to strengthen security for Internet customers through authentication that goes 
beyond mere user names and passwords, which have become too easy for criminals to exploit.

Bank Web sites are expected to adopt some form of "two-factor" authentication by the end of 2006, regulators with the 
Federal Financial Institutions Examination Council said in a letter to banks last week.

In two-factor authentication, customers must confirm their identities not only through something they know, like a PIN 
or password, but also with something they physically have, like a hardware token with numeric access codes that change 
every minute.

Other types of two-factor authentication include costlier hardware involving biometrics or "smart" cards that would be 
inserted into designated readers on a user's computer.

[snip]

http://news.yahoo.com/s/ap/20051017/ap_on_hi_te/internet_banking_security

- ferg


--
"Fergie", a.k.a. Paul Ferguson
 Engineering Architecture for the Internet
 fergdawg () netzero net or fergdawg () sbcglobal net
 ferg's tech blog: http://fergdawg.blogspot.com/

_______________________________________________
Fun and Misc security discussion for OT posts.
https://linuxbox.org/cgi-bin/mailman/listinfo/funsec
Note: funsec is a public and open mailing list.