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Why Gmail Has Better Security Than Your Bank

Gizmodo gives some insight to a strange situation that many of us have -- at least in the U.S. -- when it comes to online security: Gmail, while free, offers two-factor authentication, while many banks don't use security tools that would make online financial transactions safer, contenting themselves with single-factor, weak password systems, or lackluster secondary screens. It's certainly true at one bank I use, which even now allows short, all-alphabetical, all lower-case passwords. U.S. banks could certainly use multi-factor authentication, and some do, but it's nothing like universal.

3 of 271 comments (clear)

  1. Re:First Run On Sentence by Anonymous Coward · · Score: 5, Funny

    Someone who knew grammar, evidently.

    While Timothy's first sentence is, by some standards, long, and, moreover, interspersed with many appositives and subordinate clauses, which collectively may, depending on the reader's tastes and background, render it unwieldy, and even disgusting to those who like their thoughts in twitter-length bites, it nevertheless has this virtue: when analyzed by diagram, it does in fact appear to be properly constructed, at least within the limits of grammatical freedom that even the most rigid critics of English have come to respect, those limits having been established in indulgence of the liberties taken by the finest authors ever to have set pen to paper, among whom we may number, as an example particularly apt to such a case, Samuel Johnson.

  2. Re: Schwab - max 8 chars! by Anonymous Coward · · Score: 2, Funny

    My password is dopeymickeyplutodumbocinderelladancerfoghornleghornHarrisburg because it needed to be seven characters and a capitol.

  3. Re:bank I use ... allows (weak passwords) by Rhaban · · Score: 4, Funny

    Yeah? And what if the reason you lost both your phone and computer is because they were in your house which burned down, as did your printed out pre-generated codes?

    How do you log back in after that?

    I keep a copy of the codes in google docs.