>Paypal Security Key :: Phishing practically defeated

>Something for you security geeks. Since Paypal purchased Verisign a while back, it makes sense for them to use security hardware to virtually eliminate phishing. This goes hand-in-hand with the Virtual Debit Card feature they released as beta a week or two ago.

The official Paypal link is here:
https://www.paypal.com/eBay/securitykey

Generates a unique six-digit security code about every 30 seconds. You enter that code when you log in to your PayPal or eBay account with your regular user name and password. Then the code expires – no-one else can use it.

The full AuctionBytes story here:
http://www.auctionbytes.com/cab/abn/y07/m01/i10/s02

Related discussions:

Google blacklist sheds light on phishing tactics

Anyone see the new Paypal Security Key thing yet?

$5 required security fee to use paypal?

eBay/Paypal have the Key to Security