Secure Token Access for eBay and PayPal

Discussion in 'Garage Sale' started by kcnychief, Dec 1, 2007.

  1. kcnychief

    kcnychief █▄█ ▀█▄ █ Political User Folding Team

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    I know this is nothing new as they announced it many months ago, but I received and activated my security key from PayPal yesterday. It costs a one-time fee of $5.00 for the key, and you can activate it for both eBay and PayPal. This requires the use of the key to login to either account, giving me a much better sense of security.

    For those who use it, I put my recommendation behind picking one up.

    https://www.paypal.com/securitykey
     
  2. Erbmaster

    Erbmaster Moderator Folding Team

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    I used use something similar with RAS at work.
    These things really are great, just don't lose it hehe ;)

    $5.00 is a small price to pay for peace of mind in my opinion.
    About time the banks woke up to these for online banking.
     
  3. fitz

    fitz Just Floating Along Staff Member Political User Folding Team

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    Erb.. there was a fed guideline that all high-risk transactions are supposed to be using some form of double factor authentication already. Those guidelines went into effect at the start of this past year.

    I know for our bank, we have been issuing tokens to all our customers with corporate accounts and are using a secondary image verification system with our retail accounts.
     
  4. Erbmaster

    Erbmaster Moderator Folding Team

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    I live in the U.K mate, we eventually get everything you guys do about a year later :D

    My bank for example gave me a PIN for online banking, although granted it's not a corporate account.
    I'd like to have the option of the token as a non corporate banker also. :)
     
  5. kcnychief

    kcnychief █▄█ ▀█▄ █ Political User Folding Team

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    My 401k has always done the image verification, and my personal bank just started doing that about 6 months ago :)
     
  6. lancer

    lancer There is no answer! Political User Folding Team

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    this is actually completely incorrect... america is very far behind in banking procedures, which is in part why london is once again the top financial center. that and taxes.
     
  7. Erbmaster

    Erbmaster Moderator Folding Team

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    Ooh you use a token for non-corporate banking?
    Which bank do you use? I'm interested.
    Oh wait, you're in the U.S...I'm guessing you took my original statement a bit too literally :p
    My bank is one of the major 4 in the UK and I have no such security offered to me nor put in place. :)
     
  8. madmatt

    madmatt Bow Down to the King Political User

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    One of my clients uses those for accessing the GE Extranet. What a pain in the butt when it is out of sync.