04 Mar IBM looks to secure Internet banking with USB stick
Device is configured to open a secure SSL connection with a bank’s servers to ensure safe banking transactions even if a PC is riddled with malware
IBM’s Zurich research laboratory has developed a USB stick that the company says can ensure safe banking transactions even if a PC is riddled with malware.
A prototype of the device, called ZTIC (Zone Trusted Information Channel), is on display for the first time at the Cebit trade show this week. IBM hopes to entice banks into buying it for online banking, which saves banks money on personnel costs but is constantly under siege by hackers.
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