After theft, bank tightens online security - Network World

Skip Links

DNSstuff.com
Get information about your IP
IP Information
50+ On-demand DNS and network tools

Security

Videos

rssRss Feed
Get instant email notification when white papers, webcasts, executive guides are added to our library.  Stay informed and up-to-date with the latest on IT Technologies with Network World's Resource Alerts.
Audio

BitTorrent blocking; SQL injection attack. Listen now!

Network World 360

Hacker writes Cisco rootkit; Microsoft launches online telescope. Listen now!

Network World 360

Additional Resources

RSS

FEATURED REPORTS

Executive Guide: Storage Heats Up HP

Get the latest on storage technologies that allow IT professionals to better cope with new IT demands. Learn how storage technologies can help you successfully tackle e-Discover, regulatory compliance, green data center initiatives and the data explosion. Get all the details now.

RSS

FEATURED WEBCASTS

Reduce the Complexity and Cost of Windows Server Consolidation in Six Modules Novell

Watch this webcast to learn in six modules how to more cost effectively consolidate your Windows servers with virtualization. This unique program allows you to pick and choose which of the six modules you would like to view or watch the entire webcast at once. Topics covered: Performance, Use Cases, Enterprise-level Support, Managing Windows Workloads, Setup and Configuration and The Future. Find out how you can simplify server consolidation within your organization today. Register below to learn more and be entered to win an Archos 605 Portable Media Player.

IT Buyer's Guides

View All Buyer's Guides

Free Newsletters

Sign up and receive the latest news, reviews and trends on your favorite technology topics

Save The Date!
What They Are Saying

For implementing GTD you might try out this web-based application: Gtdagenda You can use it to...- Dan

Join the Discussion

After theft, bank tightens online security

By Robert McMillan , Network World , 05/30/2005
  • Social Web 
  • Email 
  • Feedback 
  • Close

Days after confirming that information on approximately 60,000 customers had been stolen by an identity-theft ring, Bank of America last Thursday announced plans to tighten security.

Beginning next month, the Charlotte, N.C., bank will offer a service called SiteKey that will make it harder for thieves to access Bank of America accounts. SiteKey will recognize when an account is being accessed via an unknown computer and will generate a predetermined "challenge" question, adding a level of security to the process of logging on. The software also lets users choose a specific image - a photograph of a dog, for example - that then can be re-shown to users to reassure them that they are actually visiting the Bank of America Web site, and not some other site masquerading as www.bofa.com.

The service will be rolled out as an optional feature for the bank's Tennessee customers next month. It will be available to all of the bank's 13.2 million online customers by October, says a bank spokeswoman.

Bank of America was one of four banks targeted by the identity thieves, who stole information on about 676,000 customers. Police have charged 10 suspects, eight of whom are former bank employees.

McMillan is a correspondent with the IDG News Service.

Comment
Login
Forgot your account info?
Add comment
Anonymous comments subject to moderator approval. Register here for member benefits.
Have a NetworkWorld account? Log in here. Register now for a free account.
First Name
Last Name
E-mail
Zip Code