PayPal Secruity Key
by Nathan on Aug.08, 2007, under Uncategorized
While listening Security Now the other week I heard them talking about PayPal offering two factor authentication via a little key dongle you could buy for $5. This little dongle displays a random 6 digit number every 30 sec, which you can hook in with PayPal and Ebay. I thought this was a great idea so off I went to spend my $5. I received the dongle yesterday. It’s pretty small about 2in. x 1in. and hooking it into my account was easier than registering for a new email address. Now when I go to log in I type my user name and password, then after my password I type in the 6 digit number on the dongle. Works great.
The best thing about the Security Key is that fact that it uses Verisign’s Identity Protection service. Which means any site could possible use the same service, meaning this dongle can work on those sites also. In any case, you know how I like the idea of OpenID. Well Verisign has added the ability to use this dongle to there OpenID server. So now not only can I have two factor authentication on PayPal and Ebay, but also on any site using OpenID. Woot!!

