Steven M. Bellovin wrote:
Bank of America is adopting some new schemes that might help. First, they're asking users to select a picture the user selected at registration time. The theory is presumably that a phishing site won't have the right image for you. Second, you can "register" your computer; if your account is accessed from another computer, additional authentication is demanded, thus rendering a compromised password much less useful.

I think both schemes will help; I doubt that either will stop the problems.

a couple more

BofA rolls out authentication tools after data breach incident
Bank of America looks to protect Online users with SiteKey
Payments News: Bank of America Launches SiteKey
Bank of America | Sign up for the SiteKey Service
Bank of America takes on cyberscams
Bank Of America Fights Phishing With New Authentication
Bank of America Announces Industry-Leading Security Feature ...
Bank of America's SiteKey scrutinized

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