HSBC Lanka - more security to internet banking customers
HSBC Sri Lanka provides additional security to its Internet Banking
customers through high-level security measures such as Double
authentication of identity using the security token - In addition to the
regular password, a special Security Token is provided for double
authentication.
The Security Token generates a time-sensitive, single-use six-digit
Security Code for online banking customers to use when logging on and
for selected online transactions. Random numbers are generated for each
individual Security Token and each Security Code can only be used once.
This single-use, time-sensitive Code offers protection against
Internet attacks where information disclosed during online transactions
is re-used for unauthorised account access. HSBC is the first bank to
issue a security token to its customers to improve the security levels
of online banking.
Encryption - When an HSBC Internet Banking customer gives commands or
makes transactions online, the commands given are scrambled, or
encrypted, which prevents other parties from gaining access to or
hacking this information. Only HSBC can unscramble or un-encrypt these
commands.
Limits on transfers to third-party accounts - Customers are required
to register with the bank when making transfers to third-party accounts
(non-HSBC accounts).
Moreover, customers are given a limit on such transactions to limit
risk. |