Biometrically challenged: three-factor authentication systems too weak for web banking

  Image Source: Article

Image Source: Article

The Internet banking industry is at something of a sensitive inflection point with the resilience of even the most cutting edge security practices for end users now being questioned.

While banks such as NatWest in the UK still rely on nothing but numeric passwords to access online web services, organisations such as HSBC insist on the use of a random number device generator for all logins i.e. essentially a two-factor authentication approach.

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