02 Dec '11, 1am

Just as I was complaining about what a PITA the DBS dongle is, they issue a new bigger one.

Just as I was complaining about what a PITA the DBS dongle is, they issue a new bigger one.

DBS Bank's new e-banking token (right) replaces the one-button, thumb-size ones used currently and has more advanced features to better counter the threat of hackers. -- ST PHOTO: TERRENCE LIM By Irene Tham, Technology Correspondent From Dec 15, DBS Bank's 1.7 million online customers will be given more advanced password tokens to counter a growing number of sophisticated hacker scams that steal passwords and money. It is the first bank here to roll out these new tokens, which come with a keypad and are the size of a business card. They will eventually replace the one-button thumb-size ones currently in use. Such tokens generate a random password for added security, in a process known as two-factor authentication (2FA). But hackers are now able to steal 2FA passwords that are either randomly generated on one-button tokens or sent via text messages to customers by service p...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

Comments

  1. 05 Feb '12, 9am

    I get a new replacement twice in a month. This device show the 'funny word' when I press and hold to get the iB secure pin. Now it make me unable to access my DBS Vicker account and internet banking. I want to change to another bank service if it happen again.

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