Now if only I could persuade my bank to use a OTP / secure key setup instead of the completely useless (and *actively* insecure) "Verified by Visa" system.
Posted Oct 17, 2010 7:11 UTC (Sun) by sitaram (subscriber, #5959)
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For people wishing they could use this for banking, this sort of device cannot prevent a complete MITM attack. Bruce Schneier is fond of saying that the server must validate the *transaction*, not the user. Yubikey can't do that because it can't incorporate any transaction info in the generated output.
The problem with doing that is form factor. The most convenient I have read about so far is the EMUE card -- haven't seen it in action anywhere, but it looks nice, and I'm sure there are others like it.