Authentication shakeout
[18 Jul 06] It may be politically incorrect, but do consumers really need a choice of security technologies?
Stephen's latest column for the award winning "Online Banking Review" looks at the new banking industry Trust Centre initiative and the possibility it will drive an overdue shakeout in authentication.
"It may seem politically incorrect, but it's worth asking, do consumers really need a choice of security technologies? Consumers can choose between banks and between banking products, but they are not offered options when it comes to the design of vaults or ATM networks or plastic cards. The time is right for the banking industry to take the lead and standardise authentication."
See also http://www.onlinebankingreview.com.au.