RE: Bank of America's SiteKey scheme for protecting onlinebank accounts

["Marius Gheorghescu" <mariusg () microsoft com>]

I wonder how long it will take until someone will have the bright idea
of making an income by selling "secret" and "secure" images ;-)

 

________________________________

From: funsec-bounces () linuxbox org [mailto:funsec-bounces () linuxbox org]
On Behalf Of Richard M. Smith
Sent: Wednesday, October 19, 2005 2:30 PM
To: funsec () linuxbox org
Subject: [funsec] Bank of America's SiteKey scheme for protecting
onlinebank accounts

 

Hi,

 

What do folks think about Bank of America's new SiteKey system for
protecting online bank accounts:

Bank of America announces industry-leading security feature for its 13.2
million online banking customers to help prevent fraud and identity
theft

http://www.bankofamerica.com/newsroom/press/press.cfm?PressID=press.2005
0526.03.htm

 

Customers can sign up for the service, called SiteKey(tm), for free.
Customers pick an image, write a brief phrase and select three challenge
questions. The customer and the bank can pass that information securely
back and forth to confirm each other's identity. 

Screen shots:

 

http://www.bankofamerica.com/newsroom/presskits/view.cfm?page=sitekeyscr
een

 

Richard M. Smith

http://www.ComputerBytesMan.com

 

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