Sophisticated web threats flummox most two-factor solutions

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Sophisticated web threats flummox most two-factor solutions

The financial industry has been hit hard by the increasing sophistication of web-based threats, including online phishing and identity theft attacks. According to Gartner, these attacks caused losses upwards of US$2.8 billion in 2006 and the numbers don't seem to be abating in 2007.

The more simple versions of these attacks can be prevented effectively by the deployment of a two-factor authentication solution, such as random number generators or challenge and response mechanisms. Unfortunately, the application of today’s two-factor authentication solutions is totally ...

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