Home » The Art of Data Protection » Using Strong Authentication Methods—but for Transaction Integrity Instead!

In the not-so-distant past, strong authentication was a critical security requirement to identify users coming into systems. In 2005, banks and other financial institutions, who were using plain ol’ usernames and fixed passwords to authenticate both corporate and consumer users, started worrying about phishing scams….

Fortunately, financial institutions can leverage similar approaches that they’ve historically used for user authentication, including challenge-response and digital signatures. Here’s are a few approaches , traditionally used for strong authentication, that can now be used for verifying transactions.

via blogs.safenet-inc.com

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