Our internet banking is outsourced and the vendor is working a solutionthat
involves the user downloading a "software token" on theInternet Banking
userâs primary computers, linking that user andhis/her devices. During login,
the vendor checks for both correctpassword and correct device ID. If logging in
from a registeredcomputer, the end user experiences no change in the login
process. Ifsomeone logs in from a non-registered computer,the vendor will
notrecognize the device and will require additional credentials beyondpassword,
such as answers to challenge questions and/or entryoft emporary passwords sent
via email to the user, in order to gainaccess to Internet Banking
--- Begin Message ---
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Subject: |
New Bank Authentication Rule |
|
Date: |
Fri, 28 Oct 2005 13:53:00 +0000 |
I was curious to find out what people are doing to prepare for the 2 factor
authentication controls that will be in effect for federally controlled
institutions by the end of 2006.
It's difficult to decide on solutions when the regulation has not been passed.
Has anyone taken action yet or created a project plan Thoughts?
Best Regards,
Joe Rezendes
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