Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.
An keychain electronic security device designed to combat phishing scams is to be trialled in the US, Germany and Australia by eBay's online payments subsidiary PayPal.
The new security device will generate random
six-digit password codes which change every 30 seconds for users who
wish to access the PayPal system. At present, users access the PayPal
system with a username and password and the site is a veritable magnet
for fraudsters looking to steal identities.
The security device, developed by Verisign, is aimed at adding an extra
layer of security in the event of identity theft, preventing thieves
stealing user passwords from logging in. Likewise, if the security
device falls into the wrong hands, the user will still have password
protection.
The optional PayPal device will cost US$5 for personal users and be free for business users.
While scammers will still be able to catch out users who are tricked
into providing the device code as well as their other login details,
the new random code device may well be effective is cutting down the
damage from password theft through methods such as keystroke
logging.
David Bass
| For the fourth year in a row, IDC has placed content security provider Websense (NASDAQ: WBSN) at the top of the IDC Worldwide Web Security 2011 –…
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