Dynamic passwords  

“A manual or static system is easy to hack into. But when the system gives a dynamic password each time and is a time controlled device, then it is tough to hack,” says Arthur Coviello, CEO of RSA (the security division of EMC).

The use of tokens for high net worth clients is on the rise. But it’s also getting into mass usage. RSA is shipping 400,000 of such tokens to the Bank of China every month.

“One of our customers, Bajaj Capital in Delhi, has about 150,000 customers. They are issuing tokens for users who do internet trading and even have an additional code requirement for doing any transaction,” says Amuleek Bijral, country manager (India) for RSA.

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Energy News from the World

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