Thursday, January 21, 2010

More Data Showing Static Passwords not good

An analysis of 32 million passwords recently hacked from RockYou show that the most used passwords are easliy guessed by hackers using simple computer programs. Passwords such as 123456 and abc123 continue to be the most widely used in spite of the news concerning the recent attacks on Google's email accounts. http://bit.ly/7q92ie

If you want to secure your online transactions is is best to use multifactor authentication technigues such as One Time Passwords (OTP). One company that leads the way and has pioneered the use of one time passwords in credit card form factor is NagraID Security. Their Display cards not only have OTP in a flexible display, they have also incorporated a secure contactless chip for e-wallet transactions. www.nidsecurity.com

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