Wednesday, August 1, 2007

Paypal two factor authentication

Did you know that Paypal has a two factor security available if you are a registered PayPal member? Yes, you can order a security key via :
 
 
It now means that when you use your Paypal (or Ebay) account you simply append the number displayed on the key (when you press it) to end of your paypal password to gain access. Next time you want access you again press the key and again append the number displayed to your password. So everytime you now Paypal account it will require a unqiue password! Now that makes it really secure.
 
The cost of the key is only AUD$7.50. So if you use Paypal (or Ebay) extensively and you want to ensure that your account has the highest level of security we think this new security key is cheap, real cheap.