At 01:44 PM 6/3/2004, Peter Gutmann wrote:
One-time passwords (TANs) was another thing I covered in the "Why isn't the Internet secure yet, dammit!" talk I mentioned here a few days ago. From talking to assorted (non-European) banks, I haven't been able to find any that are planning to introduce these in the foreseeable future. I've also been unable to get any credible explanation as to why not, as far as I can tell it's "We're not hurting enough yet".
Citibank in India experimented with a special case of this a few years ago - "online credit cards" - basically, a credit card number valid for one use only, which would be ideal for online purchasing.
IIRC, the offering was withdrawn because there weren't enough takers.
Udhay
-- ((Udhay Shankar N)) ((udhay @ pobox.com)) ((www.digeratus.com))
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