TITLE

Cell Phones Defeat Online-Banking Fraud

PUB. DATE
June 2008
SOURCE
Bank Technology News;Jun2008, Vol. 21 Issue 6, Special section p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Interview
ABSTRACT
An interview with Steve Smith, director at Clareity Security Financial Services, is presented. Smith states that online banking was bracing for a surge of new malware and man-in-the-middle attacks. He added that Clareity Security's new TEXT-pass+ user-authentication and transaction-verification system provides the highest level of two-factor/two-channel authentication available. He stressed that customers do not resist new technology because extra layer of communication protects accounts.
ACCESSION #
33313285

 

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