Security tokens not a cure-all for online fraud

Monday, 10 April 2006, 2:03 AM EST

Security tokens aren't the panacea for online fraud that they're made out to be and are too expensive to be used by more than a handful of a bank's customers, says the head of United States security firm RSA's consumer division.

Naftali Bennett says only about 5 to 10 per cent of a bank's customers do online transactions that are of high enough value and risk to warrant so-called "two-factor authentication", such as the tokens made by RSA that produce seemingly random numbers.

At Stuff.

[ Read more ]




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