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Gmail’s Security Improvement—Lessons for Banks from the Email World?

http://weblogs.jupiterresearch.com/ analysts/ ekount...

Google this week introduced an interesting email security enhancement, which is worth a second look, as financial services firms seek online security elements that go beyond those introduced in response to FFIEC guidelines in 2006. Since the FFIEC announced that the long-standard UID/ PW combination would no longer be enough to secure sensitive banking transactions in October 2005, leading banks have adopted a variety of options to increase login security. These vary greatly...from the continuing use of SiteKey (and now one-time codes delivered to mobile devices, for opt-in customers) at BofA, to the User ID, PassWord, Virtual Keyboard/ Second Password option in use at HSBC.

181 days ago