New PayPal security tool
p2pnet.net News:- Are eBay’s PayPal accounts a little less than, well, safe?
To, “help keep user accounts secure,” its PayPal is testing a new Verisign tool, says AuctionBytes.com.
It can be attached to a keychain and, “generates a unique six-digit security code about every 30 seconds,” says the story. “Users enter that code when they log in to their PayPal or eBay account with their regular user name and password. Because the numbers on the device change continually, the code used to sign in expires, providing a higher level of security.”
PayPal users who, “want to use the enhanced security feature must order online – once the feature is available – and pay a one-time non-refundable fee of $5,” says the story.
“The fee is waived for PayPal Business accounts, and there is no recurring charge.”
Also See:
AuctionBytes.com – eBay’s PayPal to Thwart Phishing Scams with New Device, January 10, 2007
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