In the recent past I’ve done a lot of harping on the security woes of financial institutions (see here, here, and here) so when I saw this announcement I was both extremely happy and a little disappointed at the same time.
PayPal is about to issue SecureID cards to all business clients in order to provide further account security. Now this is what I’m always talking about when I speak of defense in depth! PayPal will combine layers of security, in this case something I have (SecureID password generator), with something I know (my username/password combo) to ensure it’s actually me accessing the site.
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