Home > Banks, India, Security > SBI proposes hardware tokens for additional layer of security

SBI proposes hardware tokens for additional layer of security

State Bank of India proposes to provide hardware tokens (see image) as an additional layer of security for Internet banking. A hardware token is a tamper proof device, similar to a USB. The token is assigned to a specific Internet banking user, and generates a unique one time authentication password to complete a transaction. They are conducing a survey on their Online Banking website, to check if the customer is interested to avail this additional security feature and also bear the one time cost of hardware token (Max Rs. 1000).
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Categories: Banks, India, Security
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