> Two-factor authentication is coming to online banking according to:
> 
> http://www.siliconvalley.com/mld/siliconvalley/business/technology/12925643.htm

Two-factor authentication is available from european banks (e.g. UBS)
since years. Nothing new here.

> As the value of domain names can be much higher than one's cash in the
> bank, registrars and/or registries might want to start thinking about
> forms of 2-factor authentication too for registrants (as I've been
> advocating for years, e.g.
> http://ispcentral.tucows.com/archives/discuss-list/0201/1006.html ).
[...]
> It's my hope that these types of security standards become a "best
> practice" for companies in the domain name space. Hopefully the
> adoption in the banking industry will spur some registrars to examine
> the opportunities. Perhaps ICANN might want to consider inviting some
> speakers on this topic at a future event.

I would at maximum see this as an option for a few customers. Most
wouldn't want to pay an extra fee. The token alone costs some dollars,
not even mentioning the infrastructure on the provider's side, bringing
the item to the customer and supporting all those that have lost it.
Unlike banking accounts a lot of domain profiles don't get touched
during years. Most people will have lost the token the same way as they
forget their passwords.

A bit easier to manage would be cross-off lists.

I agree that a better authentication mechanism would be nice. But
implementing it just for one service which people access rather rarely
seems to costly. Probably one of those "sign-on-once" schemes will take
off, accompagnied with something better than just passwords (or not).

Arthur


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