Citibank phish spoofs 2-factor authentication

Tuesday, 11 July 2006, 11:10 AM EST

Security experts have long touted the need for financial Web sites to move beyond mere passwords and implement so-called "two-factor authentication" -- the second factor being something the user has in their physical possession like an access card -- as the answer to protecting customers from phishing attacks that use phony e-mails and bogus Web sites to trick users into forking over their personal and financial data.

At Security Fix.

[ Read more ]




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