RE: Banks Test ID Device for Online Security
R.A. Hettinga wrote:
Okay. So AOL and Banks are *selling* RSA keys??? Could someone explain this to me?
At 12:24 PM 1/4/2005, Trei, Peter wrote:
The slashdot article title is really, really misleading. In both cases, this is SecurID.
Yup. It's the little keychain frob that gives you a string of numbers, updated every 30 seconds or so, which stays roughly in sync with a server, so you can use them as one-time passwords instead of storing a password that's good for a long term. So if the phisher cons you into handing over your information, they've got to rip you off in nearly-real-time with a MITM game instead of getting a password they can reuse, sell, etc. That's still a serious risk for a bank, since the scammer can use it to log in to the web site and then do a bunch of transactions quickly; it's less vulnerable if the bank insists on a new SecurID hit for every dangerous transaction, but that's too annoying for most customers. ---- Bill Stewart bill.stewart@pobox.com
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Bill Stewart