Next-gen banking security still not safe

Wednesday, 26 April 2006, 4:54 PM EST

Two-factor authentication, where banks add one-time passwords and payment confirmation codes to the usual password-based security measures, could still be overcome by phishing scams, a security vendor at Infosec 2006 has warned.

F-Secure said that advanced phishing techniques could be used to breach the system by setting up a fake banking site, contacting the real site and waiting for the password, then getting the user to type in the one-time password that is supposed to protect them.

At vnunet.

[ Read more ]




Spotlight

Review: Bulletproof SSL and TLS

Posted on 12 September 2014.  |  Deploying SSL or TLS in a secure way is a great challenge for system administrators. This book aims to simplify that challenge by offering extensive knowledge and good advice - all in one place.


Weekly newsletter

Reading our newsletter every Monday will keep you up-to-date with security news.
  



Daily digest

Receive a daily digest of the latest security news.
  

DON'T
MISS

Mon, Sep 15th
    COPYRIGHT 1998-2014 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //