SEOUL, Jun. 4 (Korea Bizwire) — KB Kookmin Bank launched a new OTP (one-time password) generating security card that does not require customers to manually write down generated OTPs. The new ‘Smart OTP Service’ is comprised of a credit card-type OTP generator that only needs to be put near a smartphone to authenticate a trade. [...]
SEOUL, June 12 (Korea Bizwire) – Korea Exchange Bank said on June 10 that it is currently preparing for introducing a chip guard display card that allows the card user to take control of the IC chip embedded in her credit card or debit card as a way to address the security issue with the merchant [...]
SEOUL, June 3 (Korea Bizwire) - While there has been a recent increase in “pharming” attacks, cyber-attacks intended to redirect a website’s traffic to another, bogus site, which steal electronic authentication certificates and personal financial information, nine out of ten Internet banking users are still using security cards instead of the one-time password (OTP) cards. [...]