British banks to provide extra Web security:
“Major British banks are set to agree on a physical security device for all UK online customers to use.
This move to two-factor authentication could make customers more secure when banking online. Such systems use a physical security device that generates a password to be used only once.
Identity theft emails, known as phishing attacks, cost UK banks $22.6 million last year, according to the Association of Payment and Clearing Systems, which represents the British banking industry.
Precise details of the two-factor device should be agreed upon in May, with the banks expected to roll out devices within nine to 12 months.” Read more…
Labour promises ‘voluntary’ compulsory ID card:
“The ‘voluntary’ ID card returned yesterday with the publication of the Labour’s Party’s election manifesto, but it’s once again rather difficult to find out what’s voluntary about it. According to the wording: ‘We will introduce ID cards, including biometric data like fingerprints, backed up by a national register and rolling out initially on a voluntary basis as people renew their passports.’ So, what’s voluntary here?” Read me…