Hackers can beat security tokens

Wednesday, 16 March 2005, 3:23 AM EST

IT security expert Bruce Schneier has warned that plans to move to two-factor authentication will not solve online fraud.

Schneier pointed out that the tokens will not stop the most common types of attacks. Tokens can work well in corporate environments but will be ineffective against much of today's crime since it relies on tricking users rather than beating passwords.

By Iain Thomson at Network IT Week.

[ Read more ]




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