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Information Technology News PayPal keyring security device to be trialled in 3 countries
Information Technology News PayPal keyring security device to be trialled in 3 countries | PayPal keyring security device to be trialled in 3 countries |
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| Written by Stan Beer | |
| Saturday, 13 January 2007 | |
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The security device, developed by Verisign, is aimed at adding an extra layer of security in the event of identity theft, preventing thieves stealing user passwords from logging in. Likewise, if the security device falls into the wrong hands, the user will still have password protection. The optional PayPal device will cost US$5 for personal users and be free for business users. While scammers will still be able to catch out users who are tricked into providing the device code as well as their other login details, the new random code device may well be effective is cutting down the damage from password theft through methods such as keystroke logging.{moscomment}
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