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  • Why Banks Should Consider Taking a Page From Facebook on Security Keys

If Facebook brings physical security keys to the masses, is it time for online banking to finally adopt them too?

Facebook announced Thursday it is giving its users the option of authenticating with hardware security keys that meet the standards of the Faster Identity Online Alliance. These devices are typically the size of a thumb drive and can be plugged into the USB drive of a desktop computer. When logging in, after typing in their passwords, users would press a button on the device as a second factor of authentication.

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