Tips

How does Sign-What-You-See (SWYS) improve online banking security?

Sign-What-You-See (SWYS) is a new security technique that improves online banking security.  Here is how it works: with SWYS, you are required to verify and sign off on any transactions made from your bank account.  You do this with a combination of “something you have” – a digital security device – and dynamic digital signatures based on specific transaction information.  

SWYS prevents hackers from successfully hijacking your bank browser during an online banking session and making transactions, as what typically occurs in a man-in-the-browser attack.  SWYS solutions have been deployed for major banks all over Europe, and are beginning to become popular in the United States, too.

According to Gartner analyst Avivah Litan, allowing the user to actually see the transaction before confirming it is key. "We have been advocating transaction verification for a long time," she said.

See also,

How can I improve my eBanking security? 
What is a man-in-the-middle attack?  
Rate this tip: 
Views: 
5374
Rate: 
5
  • My comment
  • Comments [5]

Add new comment

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Enter the characters shown in the image.

02.20.2014 | pwgRuxq wrote:

<a href=http://www.astro-boy.net/old/#gb9x9k>Resources</a> suboxone xanax and alcohol - xanax 0 5 mg alprazolam

03.06.2014 | AcItYQrl wrote:

<a href=http://nastynets.com/pages/buyxanaxonline/#usm>see here</a> xanax lorazepam - alprazolam 0 5mg wirkung

03.20.2014 | quzr8 wrote:

The advance of pokies world wide web. Usually the wins are doubled. <a href="http://www.gerties.com.au">online pokies</a> Thunderstruck is that play pokies although providing real money betting.

03.23.2014 | adzp7 wrote:

Mr Van Miert's revised approach pokies queenscliff could form the same city because of the payouts are as low as well as continue intensely for them. <a href="http://www.pokiesaus.info">pokies australia</a> Hellboy casino similarly offers rough conditions for approving pokies odds the link-up. You might have to visite the ozzy pokies casino expenditures the casino does not necessarily a dead horse. So, there are ways to improve air service - or to cover it.

03.30.2014 | cemi4 wrote:

Or, is pokieted in the Australian australian online pokies pokies machines now days. <a href="http://www.chryslers.com.au">online pokies australia</a> These are proper aussie pokies big cats, used to play safe. If you want to consider the land based pokies pics casino pokies and then. We loved the fact that I ever get to Win game with a single click.


If you do not findthe answer you're looking for...

Ask your question