Citibank discloses private information to improve security
Steven M. Bellovin
smb at cs.columbia.edu
Tue May 31 16:06:38 EDT 2005
Bank of America is adopting some new schemes that might help. First,
they're asking users to select a picture the user selected at
registration time. The theory is presumably that a phishing site won't
have the right image for you. Second, you can "register" your
computer; if your account is accessed from another computer, additional
authentication is demanded, thus rendering a compromised password much
less useful.
I think both schemes will help; I doubt that either will stop the
problems.
http://www.bankofamerica.com/newsroom/press/press.cfm?PressID=press.20050526.03.htm
--Steven M. Bellovin, http://www.cs.columbia.edu/~smb
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