Good News Is No News?
I know it's more exciting to read about major online banking thefts, and irate Halifax ATM clients, but it would be even nicer to no read about it again.
There's not a lot anyone can do to protect confidential data visible on the screen, but it is possible to make user authentication proof against spy cameras, keyloggers and other nasties. Traditional stuff, like PI numbers, passwords and user ID's just don't work, these days. Look at the ATM and online banking fraud figures for Europe and the U.S.
Two U.S banks and one i Hong Kong are currently implementing a solution called 'SeelPlatez', which is unhackable, uncrackable (and cheap...)
Picture this scene:
•Your ATM card is stolen, on the back of which you have written your PIN number.
•Together with this, they stole the piece of paper, on which you wrote your online banking User ID and password.
•To make things worse, a spy camera watched your last access.
•A keylogger also recorded each keystroke
•So did a network snooper