HSBC Rolls-out Two-factor Password Solution

From next month, password tokens are being sent to each of HSBC’s 180,000 Business Internet Banking customers in the UK as the bank seeks to increase security for its online business customers by distributing free security tokens to help protect access to their accounts.

Using two-factor authentication, HSBC has said the keyring sized device offers an additional line of defence against the growing risks from online fraud, at a time of increasing concern among banks about the growth and sophistication of ecrime.