Security Basics mailing list archives

Re: 2-factor auth for all


From: Nick Owen <nickowen () mindspring com>
Date: Wed, 25 Oct 2006 10:50:41 -0400

Thierry Zoller wrote:
Dear Saqib Ali,

SA> Verisign, and RSA are working with SanDisk to build this platform,
SA> which might put an end to phishing
It will just raise the bar, effort is already ongoing and we've seen
code doing a near-realtime transfer.

User <-> Phisher <-> Bank

Agreed.  Banks would be better off deploying mutual authentication. The
problem is *more* that users are going to the wrong site.  I wonder if
they would be better off sticking with username/passwords for session
authentication and requiring a second factor for transaction
authentication.  Since the users would know that the second factor was
only for transactions, they might be less likely to fall prey to phishing.

Nick

-- 
Nick Owen
WiKID Systems, Inc.
404.962.8983
http://www.wikidsystems.com
Commercial/Open Source Two-Factor Authentication
https://www.linkedin.com/in/nickowen

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