HBOS rolls out two-factor account access

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.

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.

Read more on Antivirus, firewall and IDS products

Start the conversation

Send me notifications when other members comment.

Please create a username to comment.

-ADS BY GOOGLE

SearchCIO

SearchSecurity

SearchNetworking

SearchDataCenter

SearchDataManagement

Close