|17 Feb 2011||#1|
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Intel puts greater security in the chip set
Chipmaker Intel has teamed with security giant Symantec on technology that will enable Internet firms to add stronger authentication to their services.
Federal regulators have long mandated that banks provide more than just a username and password to secure consumers' bank accounts. A common way to improve security is for account holders to use one-time password (OTP) tokens, small devices that generate a seemingly random series of numbers. The customer enters the current six-digit number displayed on the device and the bank checks to make sure it matches the code the device should be generating.
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