funsec mailing list archives
Phishing Defense a Key Factor in eBay-VeriSign Deal
From: "Fergie (Paul Ferguson)" <fergdawg () netzero net>
Date: Wed, 12 Oct 2005 01:58:36 GMT
Via Netcraft. [snip] Paypal will implement strengthened anti-phishing measures for up to 1 million users next year through a deal announced yesterday between VeriSign and eBay, which operates Paypal. While most of the headlines focused on eBay's purchase of VeriSign's payment processing unit for $370 million, the most widely-felt benefit of the deal will likely be the enhanced security for Paypal, which has been relentlessly targeted by phishing scams. The agreement calls for eBay to buy up to 1 million two-factor authentication tokens from VeriSign. eBay and PayPal plan to begin the rollout of two-factor authentication to customers in 2006, including marketing and security programs designed to "promote customer adoption." Two-factor authentication, which uses physical security devices to generate a single-use password, is being advanced as a way to reduce fraud losses from phishing. It is being used by a growing number of banks in both the US and UK. The token is typically a compact electronic card-like device which displays a number on a small screen. By entering this number into the online system when you login, you prove that that you are in possession of the card. [snip] http://news.netcraft.com/archives/2005/10/11/phishing_defense_a_key_factor_in_ebayverisign_deal.html - ferg -- "Fergie", a.k.a. Paul Ferguson Engineering Architecture for the Internet fergdawg () netzero net or fergdawg () sbcglobal net ferg's tech blog: http://fergdawg.blogspot.com/ _______________________________________________ Fun and Misc security discussion for OT posts. https://linuxbox.org/cgi-bin/mailman/listinfo/funsec Note: funsec is a public and open mailing list.
Current thread:
- Phishing Defense a Key Factor in eBay-VeriSign Deal Fergie (Paul Ferguson) (Oct 11)
- <Possible follow-ups>
- Re: Phishing Defense a Key Factor in eBay-VeriSign Deal Dr. Neal Krawetz (Oct 12)
- Re: Re: Phishing Defense a Key Factor in eBay-VeriSign Deal Florian Weimer (Oct 12)
- Re: Re: Phishing Defense a Key Factor in eBay-VeriSign Deal Mark P. Fister (Oct 12)
- Re: Re: Phishing Defense a Key Factor in eBay-VeriSign Deal Mark P. Fister (Oct 12)
- Re: Re: Phishing Defense a Key Factor in eBay-VeriSign Deal Florian Weimer (Oct 12)