« One Source Review: New Worldwide Brands One Source A Winner | Main | Auction Genius Course Student Dr. Zhivago In Disguise? »

January 10, 2007

PayPal Security Key Seems Like A Winner!

PayPal has introduced their new PayPal Security Key in an effort to update security and reduce unlawful access to your PayPal account. The deal is that we can buy a security key for $5 (PayPal is taking orders but there is no delivery as yet):

The key will generate a unique security code every 30 seconds. The account holder then uses this code to log in to her/his PayPal account, rather than the current standard code. It's a one-time fee to purchase the key and it's small enough to attach to a keyring. I can see a couple of potential issues. Like, humans being what they are, what happens when we lose our key? (Not me, of course. Just speaking hypothetically. :-) Or what if our key doesn't work - technology IS subject to glitches?

Still, it seems like a great security update and, if it works properly, will make PayPal accounts mostly invulnerable. Kudos to eBay/PayPal!

Posted by SydneyJohnston at January 10, 2007 1:41 PM

Trackback Pings

TrackBack URL for this entry:
http://www.auction-genius-course.com/cgi-bin/mt/mt-tb.cgi/453