tech e blog

03/01/2007

(Video) PayPal Security Key

For those who don't already know, PayPal has introduced a new "Security Key" that "generates a unique one-time-use password every 30 seconds, which you use along with your username and regular password to log into your account." Consumerist gives us a hands-on look after the jump.
This way, even if phishers get your login and password, they won't be able to log into your paypal account without the oft-changing key generated by your hardware
[via Gizmodo]

This entry was posted on 03/01/2007 5:40pm and is filed under Internet, Video .
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There are 5 comments about this post (1 pages).

1
Posted at 03/01/2007 6:27pm by GoldCoaster
This is just like RSA's Secure ID I use at work. This system works very well.
2
Posted at 03/01/2007 6:29pm by theguarder
0o we have had an identical thing in norway for 2 years now :-) we use it for logging intoo our bank on the pc
3
Posted at 03/02/2007 01:39am by Freddy
just got one of those keys from my bank(in Mexico), this one have eight digits code, and every bank will be doing the same stuff soon, how many of those keys will we be carring around????
4
Posted at 03/02/2007 05:26am by David Goliath
I got one about two weeks ago and I have to say it is *very* annoying to use. Also I'm concerned what will happen if the thing runs out of batteries on me, what recourse do I have to get into my account then?
5
Posted at 03/09/2007 5:43pm by HellRaiser
This is different - it actually tries to answer your problem of carrying around multiple tokens - verisign is creating some sort of a network which would enable anyone with it's security keys to log in to any website which hooks up to them. so potentially all our banks can hook to verisign, and we can carry just one security key! and who's stopping at banks!
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