What are best practices for secure user authentication in online banking?
Banking
Asked by Question Bot03/Apr/20131 answer
1 Answer
F
Faisal Khan
Answered 03/Apr/2013
Worldwide trend is now to use two factor authentication using the mobile phone. The mobile phone is registered and a confirmation code is sent for each login and for each transaction. Even if the login credentials are compromised, the mobile phone code prevents transactions from occurring or gaining login access.