Banks Test ID Device for Online Security
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Responding to an increase in Internet fraud, some banks and brokerage firms plan to begin issuing small devices that would help their customers prove their identities.
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The banking industry warns customers with online accounts to guard against a new wave of sophisticated cyber-fraud.
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U.S. Bancorp will use VeriSign's Unified Authentication service to validate and secure interactions with commercial banking customers, providing them with a secure USB token they must use when accessing services online.
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Bank of America Corp. customers can now use their mobile phones to make online banking more secure.
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As the nation's largest financial institutions deploy increasingly  sophisticated measures to prevent Internet scams, online fraudsters are  targeting smaller, regional U.S. banks whose  customers may be less attuned to the threat.
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InfoWorld - Users of online banking sites tend to bypass critical clues that the integrity of those sites may have been compromised, according to the working draft of a study released on Sunday by researchers at Harvard University and the Massachusetts Institute of Technology.
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U.S. banks should use more than a single password to identify on-line customers to prevent fraud, bank regulators said on Tuesday in recommendations that underscore growing concern about theft over the Internet.
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Security researchers are working to shut down a hacking attack targeting Internet banking users of at least 50 financial institutions in the U.S. and Europe.
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A tool that could help in the battle against spam and phishing attacks receives industry approval.
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Identity 2.0 company Sxip releases a new login and password management
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Symantec is fishing for dollars with a new service designed to help companies combat the ongoing epidemic of online identity theft, or &quot;phishing,&quot; scams.
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Also: Tactile passwords could stop ATM 'shoulder-surfing'
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Multifactor authentication is all the rage these days, thanks to increasingly sophisticated trojans and phishing attacks and even rootkits aimed at stealing passwords and sensitive data. High-stakes online crime has even spurred financial services companies and some enterprises to consider new, "risk-based authentication" solutions, which examine behavioral patterns and session characteristics to identify rogue users.ADVERTISEMENTIBM Information On Demand 2006Industrial Industry Leaders, please join us at IBM's premier information management global event, IBM Information On Demand 2006, October 15-20, Anaheim, CA. More IBM business and technical solutions content in one place than ever before! Select from  over 800 sessions. Register today!
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Banks aren't moving fast enough on requiring online customers to provide two forms of ID, the company says.
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Photocopying wallet information pays off.
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Americans seek international database to carry iris, palm and finger prints
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A new digital system for identifying fingerprints is being adopted by police forces in England and Wales.