HBOS has rolled out security tokens to its
online corporate and high-value private banking customers, as part
of a drive to protect them against phishing attacks.
The banking group has supplied customers with
RSA SecurID Tokens free of charge. The tokens generate a unique
passcode each time a customer logs on, making it more difficult for
criminals to access bank accounts using stolen details.
"Even if an individual is caught out, there is a level of
security the fraudster can't get past," said HBOS. "Phishing has
been a phenomenon of the past two years, and probably every bank
sees regular attacks."
HBOS uses
Cyota software to monitor and shut phishing sites, but there is
a window of risk between discovery and closure, which the tokens
help to close, said the bank.