Here comes assignment 2 after submission of assignment 1 and class test 1.
The group has decided to do on the topic, “discuss the usage of 2FA in the banking industry.”
Using Google as my search facility and research keywords “Practice OR habit AND “2FA” AND Banking”, I have found the following:
Title of the internet resource, NetAsia,
http://www.zdnetasia.com/insight/specialreports/0,39044853,62020506,00.htm.

Purpose of the website is stated clearly, it gives an explanation of why 2FA is needed in banking industry and how banks instruct their customers on how to prevent online transaction from fraud using a list of frequently-asked questions. Also, the site covers that online transaction in Singapore increases ever since the banks have introduced 2FA. Not only that, it includes the usage of 2FA in Asia’s Banks and their 2FA choices. These banks include DBS, Citibank, OCBC, Standard Chartered, UBS and UOB.

There are links provided at the top right corner of the article, one of which links to another article that is related to 2FA, “The other side of 2FA“which I finds that it is useful to Banks to let them know that beside the negative side of adopting 2FA, which is cost, think of the advantage that 2FA bought to customer.

Labels: Practical 6a