Cyber Society of India had organized an media awareness workshop on Saturday the 15th October 2011 at Chennai Press Club. The workshop was inaugurated by Dr.Santhosh Babu, IAS, IT secretary to Government of Tamilnadu, More than 30 media professionals participated.
I had an opportunity to address the gathering on the need for 2 factor authentication in bank transactions. Predominantly twin passphrase 2FA is used by banks. The concept of one time password has not been understood by and large. One Time Password system as a second factor authentication increases the transaction safety for netizens. There are different variations of 2FA currently available in the market. The form factor varies from hard tokens to soft tokens. The soft token deployment is aimed at cell phones, laptops and ipads which is a common gadget available with an average citizen. There are other benefits like the ease of deployment and management. The Soft 2FA tokens also reduces the cost to consumer.
The program was over by around 2PM
I had an opportunity to address the gathering on the need for 2 factor authentication in bank transactions. Predominantly twin passphrase 2FA is used by banks. The concept of one time password has not been understood by and large. One Time Password system as a second factor authentication increases the transaction safety for netizens. There are different variations of 2FA currently available in the market. The form factor varies from hard tokens to soft tokens. The soft token deployment is aimed at cell phones, laptops and ipads which is a common gadget available with an average citizen. There are other benefits like the ease of deployment and management. The Soft 2FA tokens also reduces the cost to consumer.
The program was over by around 2PM
