IBM 'security on a stick' protects online bank customers

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IBM researchers have come up with a small device they like to call "security on a stick" for use in online banking so customers plugging into any computer can protect transactions and find out if Trojan malware is trying to steal funds.

Created in IBM's Zurich Research Lab, the "security on a stick" is still a prototype and being tested in a few trials in Europe, says Michael Baentsch, a senior researcher there. IBM, which unveiled the device today, officially calls it the "Zone Trusted Information Channel" because the little USB-based device works to set up a secure channel to an online banking site supporting it.

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View Full Article: Network World
 

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