HSBC readies online user authentication

Thursday, 3 November 2005, 3:12 AM EST

HSBC will issue keyring-sized authentication devices to UK internet banking customers if phishing emails and key-logging software continues to grow. The bank, which has seen a 50 per cent increase in internet banking use in the last year, believes it has strong enough security measures in place to stem the rise in online identity theft, but is ready to issue personal security devices if needed.

By Daniel Thomas at vnunet.

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