InformationWeek Have Posted an Excellent Article Titled “Strong Authentication Not Strong Enough”

Posted by admin on 18/Dec/2009 in In The News, Security Alert Log, Trojans | 0 comments

I was browsing through my RSS feeds this morning and came across an excellent article from InformationWeek.

The contents of the article give a clear indication that the normal internet based channels currently used for internet banking on PC’s and more commonly on mobile devices just don’t hack it when it comes to the overall security model. I’m thinking strongly that an implementation that includes SecureSMS as both authentication and content delivery mechanisms might prove to be the best way to go.

Here is a brief excerpt from the article,

Two-factor authentication — used to protect online bank accounts with both a password and a computer-generated one-time passcode — is supposed to be more secure than relying on a single password.

But Gartner Research VP Avivah Litan warns that cyber criminals have had success defeating two-factor authentication systems in Web browsing sessions using Trojan-based man-in-the-middle attacks.

To view the full article as posted by InformationWeek click here.