Article on passwords in Wired News

[Udhay Shankar N]

At 01:44 PM 6/3/2004, Peter Gutmann wrote:

>One-time passwords (TANs) was another thing I covered in the "Why isn't the
>Internet secure yet, dammit!" talk I mentioned here a few days ago.  From
>talking to assorted (non-European) banks, I haven't been able to find any that
>are planning to introduce these in the foreseeable future.  I've also been
>unable to get any credible explanation as to why not, as far as I can tell
>it's "We're not hurting enough yet".

Citibank in India experimented with a special case of this a few years ago 
- "online credit cards" - basically, a credit card number valid for one use 
only, which would be ideal for online purchasing.

IIRC, the offering was withdrawn because there weren't enough takers.

Udhay

-- 
((Udhay Shankar N)) ((udhay @ pobox.com)) ((www.digeratus.com))

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