Wednesday, October 29, 2008

USB Provides Bank Security

IBM has developed a USB type device that protects people doing online banking. The USB creates a secure channel to the bank's online transaction server. The USB can even bypass the user's PC and avoid any virus or other malware on the computer!

The user logs on and validates transactions using the display on the device. Extra security can be added by inserting a smart chip in the device that will prevent "man-in-the-middle interceptions."

The USB is called a Zone Trusted Information Channel and is ready to start banking trials. Another great thing is these devices need no new software and they run on all major client operating systems. 

Because this device looks like it can be integrated into use so easily, I think this USB will be a big help in making sure online banking is secure and will allow more people to feel comfortable using online banking. I would use it!

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