Globetechnology: Web banking to get security upgrade
Globetechnology: Web banking to get security upgrade: "
If you do banking over the Internet, generally the drill is pretty simple: You enter your user name and password, and away you go.
But behind the scenes, the bank can do a lot to check you out: Are you at your home computer, or at one with an Internet address that, strangely, is registered overseas? Are you logging on at an unusual time of day, or from a super-fast connection when normally you have dial-up?
This kind of analysis is one example of the layers that bank websites will be adding by the end of 2006 to meet new demands from federal regulators for 'two-factor' authentication.
That essentially means checking something more than just user name and password to verify a customer's identity."
If you do banking over the Internet, generally the drill is pretty simple: You enter your user name and password, and away you go.
But behind the scenes, the bank can do a lot to check you out: Are you at your home computer, or at one with an Internet address that, strangely, is registered overseas? Are you logging on at an unusual time of day, or from a super-fast connection when normally you have dial-up?
This kind of analysis is one example of the layers that bank websites will be adding by the end of 2006 to meet new demands from federal regulators for 'two-factor' authentication.
That essentially means checking something more than just user name and password to verify a customer's identity."
posted by Daryl at 10:58 AM
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