Tuesday, February 06, 2007

Ignoring common security cues on banking sites

Password protection has its limitations, especially when it comes to things like online banking. That's why millions of phishing attempts are made every day—it's relatively easy to craft realistic-looking web pages that convince users to divulge passwords and other personal details. Financial institutions are well aware of this and as a result, have come up with additional authentication measures for their customers. A new study conducted by researchers from MIT and Harvard casts doubts on the efficacy of such measures.

Read the article HERE.

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