The credit card companies spend their security dollar authenticating the transaction, not the cardholder. Tags: authentication, banking, fraud, identity theft, malware, man-in-the-middle attacks, two-factor authentication Posted on September 22, 2009 at AM • 98 Comments • September 22, 2009 AM Surely two-factor identification does prevent a whole host of other exploits.
I wouldn't throw it out simply because it doesn't solve _every_ problem. I suppose perhaps a bank could send a text-message with the transaction details as well as a confirmation code.
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In my opinion, there aren't any with the general idea.
They might be in the implementation details, although I've never found any.
In the first case, the attacker can pass the ever-changing part of the password to the bank along with the never-changing part.
And in the second case, the attacker is relying on the user to log in.
An attacker puts up a fake bank website and entices user to that website.
User types in his password, and the attacker in turn uses it to access the bank's real website.Mower Parts also carries a complete line of go-kart parts including roller chain, clutches, brake bands, engine parts, tires and more!Mower Parts just added a wide selection of parts for golf carts too covering brands including EZ-Go, Yamaha, Club Car and others. BRAND NEW Mower sulky / velky for Toro commercial mowers.• September 22, 2009 AM I know one bank that gives a device where you enter amount and account number of the other party in the transaction and the device gives you a checksum to confirm the online transaction.It is not perfect (the device can be stolen), but it prevents man in the middle network attacks because the mitm has no checksum for his fraudulent transaction and changing the information of a valid transaction will cause a checksum failure. Mower Parts has a full line of parts including carburetors, tires, batteries, belts, blades, starters, trimmer string, PTO clutches, and much more.