[TriLUG] OT: lack of security at BofA
Alan Porter
porter at trilug.org
Mon Dec 22 23:02:19 EST 2014
> I would like to see elimination of direct information and access to
> accounts. Transactions should be unique and use a one time cipher and
> authentication where processing a transaction does not give you the
> information or ability to process a future one. Something like Kerberos
> ticket authentication comes to mind.
http://en.m.wikipedia.org/wiki/Secure_Electronic_Transaction
Developed by the card services in 1996. Never went anywhere.
Ugh
- alan
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