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HSBC New Secure Key......
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Just received a new secure key to upgrade my internet banking - has anyone done this yet?
It seems a bit of pain as you have to keep hold of the 'mini key' and get a code from it everytime you want to use the banking.
What happens if the 'key' (which looks like a mini calulator) breaks? Are you still able to access online banking.
Seems a load of nonsense to me!!
It seems a bit of pain as you have to keep hold of the 'mini key' and get a code from it everytime you want to use the banking.
What happens if the 'key' (which looks like a mini calulator) breaks? Are you still able to access online banking.
Seems a load of nonsense to me!!
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Your local HSBS branch has a stock of spare keys.
I only know that because my (77 year old) friend had problems with the key she received through the post, and she went into her branch to sort things out. (The manager said that he's currently spending much of his time explaining how to get the things to work, to confused customers!)
I only know that because my (77 year old) friend had problems with the key she received through the post, and she went into her branch to sort things out. (The manager said that he's currently spending much of his time explaining how to get the things to work, to confused customers!)
I've got one for my Barclays account which is also linked to the business account and I think it's a great idea. If it improves the security of all my accounts then I really don't see a problem with it. The slight issue I had at first was that because I usually keep it at work then on the rare occasion I needed to do some online banking at the weekend I couldn't, however I jus asked them for a second card reader which I received after a few days in the post free of charge.
HSBC are introducing good security principles using these number generators, as now you will have to enter something that you know, either a pin number or account number, with something you possess, i.e. the security device, which together are more secure than just entering a pin or password.
I've been using, or controlling, these devices for more than 20 years for various online banking and payment systems.
I've been using, or controlling, these devices for more than 20 years for various online banking and payment systems.
I have used one (Pin Sentry) for two years.
Fact is .. one can use any of the bank's pin generators as they all work the same. So if your Natwest one packs in, youi can use a Barclays one.
It uses a complicated algorithm to calculate a pin login (8 numbers) based on the session and the card number. Just about impossible to beat, I imagine. Quick to use once you are used to it.
You still have to log a pass code to get into the login screen with Barclays.
Fact is .. one can use any of the bank's pin generators as they all work the same. So if your Natwest one packs in, youi can use a Barclays one.
It uses a complicated algorithm to calculate a pin login (8 numbers) based on the session and the card number. Just about impossible to beat, I imagine. Quick to use once you are used to it.
You still have to log a pass code to get into the login screen with Barclays.
@plautus
The devices I used to use would generate a number in response to the numbers the user entered originally, whether it be an account number or a currency amount. A similar device would be used at the recipients end, working in a reverse manner, decoding the generated number to confirm the account number or amount. The recipient device was eventually replaced by a pre-programmed computer to receive the codes and make the calculations, but the devices were individual and had to be 'introduced' to the computer before they were issued to the users, unlike the modern devices now being issued by the banks, which seem to be simple number generators after input of various pieces of data that should only be known to the user.
The devices I used to use would generate a number in response to the numbers the user entered originally, whether it be an account number or a currency amount. A similar device would be used at the recipients end, working in a reverse manner, decoding the generated number to confirm the account number or amount. The recipient device was eventually replaced by a pre-programmed computer to receive the codes and make the calculations, but the devices were individual and had to be 'introduced' to the computer before they were issued to the users, unlike the modern devices now being issued by the banks, which seem to be simple number generators after input of various pieces of data that should only be known to the user.
Been using Barclays Pin Sentry for many years now with no problems whatsoever. Now I have HSBC, Tesco and Nationwide devices as well. All work very well and improve the security for on line banking.
I have also seen a device which is similar to a shop's card swipe machine which can be used for home internet shopping. Not used one yet - the cost is about £50. Would welcome any comments as to whether that is a good investment or not.
I have also seen a device which is similar to a shop's card swipe machine which can be used for home internet shopping. Not used one yet - the cost is about £50. Would welcome any comments as to whether that is a good investment or not.
