Banks turn to smartphone tech to fight online fraud
To ward off cyber-crooks trying to break into customers' accounts, banks are expanding their security efforts beyond desktops and onto iPhones and other mobile devices.
To ward off cyber-crooks trying to break into customers' accounts, banks are expanding their security efforts beyond desktops and onto iPhones and other mobile devices.
We all know that relying on a simple user ID and password combination is fraught with peril. One alternative is to use one of the single sign-on solutions we reviewed last year, but there are less expensive options that could also be easier to install.
By displaying more information on the screen of the new Digipass 870 card reader about transactions the device is used to secure, Vasco Data Security hopes to decrease the effectiveness of social engineering.