Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 49.07

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2:14 PM EST

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To: prtscrn who wrote (182380)	10/18/2005 5:26:10 AM
From: aleph0	Read Replies (1) of 186894

"OT, Amy J it looks like online account security is on it's way." On Banking Security... Nearly "all" German banks use an almost foolproof mechanism. PIN - Personal ID No. TAN - Transaction No. USB-CARD for double verification in some cases. The customer receives a TAN list at their registered postal address. This is a list of normally ca. 50 6-digit random numbers. Transactions can "only" be executed by inputting the "next free TAN" from the list. So it's not enough to break into an account - if you don't have the TAN list, you can't do anything. I've heard of a few cases where hackers using "keyloggers" have trapped the TAN-input , and "reused" for their own use. But AFAIK, these are VERY rare. Surprises me that US banks don't have the same system - or do they ?

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