Security of online banking - TAN procedures

the_tyrant · 11-16-10, 04:13 PM

So
mTAN is that you would get a text on your phone when you purchase
Not my cup of tea, since I barely keep my phone handy/charged

TAN generators are little better than Security Cards, and are quite worthless

There are 3 types of security commonly used:
1. What you know(password etc)
2. what you have (keys etc)
3. Who you are (fingerprints etc)

Both mTAN and TAN are "what you have" security
personally I prefer "Who you are" security

11-16-10, 04:13 PM	#4
the_tyrant Admiral Join Date: Jun 2010 Location: Canada Posts: 2,272 Downloads: 58 Uploads: 0	So mTAN is that you would get a text on your phone when you purchase Not my cup of tea, since I barely keep my phone handy/charged TAN generators are little better than Security Cards, and are quite worthless There are 3 types of security commonly used: 1. What you know(password etc) 2. what you have (keys etc) 3. Who you are (fingerprints etc) Both mTAN and TAN are "what you have" security personally I prefer "Who you are" security