Digital Money World

Secure Your Digital Currency Account With A New Entrust $5 Device

by Mark on February 5th, 2007

One of the biggest problems with both GoldMoney and e-gold is theft.

Man in the middle attacks, keyloggers, trojans and other scams cause a lot of headaches for digital currency users. While each company does a lot to fight online theft from personal accounts, especially e-gold Ltd, a big burden still sits with the end user.

Keeping your personal computer and connection secure while managing your online money is priority one for most digital gold currency users. Once that balance is gone from your e-gold account, it is not likely to be replaced :-)

How can these companies offer an increased security package without creating excessive cost or stress on their customers? New solutions are now available and cost effective. PayPal, with 120+ million customers, has just offered to all users a hardware security key small enough to fit on your key chain. That end cost to the customer is just $5 per unit and was originally from VeriSign.

E-bullion, another popular digital gold currency, offers clients the CRYPTOCard, which is a calculator size password device that  works together with the e-bullion web site to generate access codes for an individual account. I have one and it has worked great for many years. It is 100% hacker proof. The only problem is that the item costs $99.50. Ouch!

Just last week, the well know online security company Entrust, announced they are now offering the Entrust IdentityGuard Token for the low cost of just $5.

Any online currency company can now work through Entrust and offer to their customers total access security for those important online money accounts. This small hardware device is an easy-to-use time synchronous token that can be deployed alone or in combination with other authentication methods and is automatically supported in the Entrust IdentityGuard multifactor authentication platform. This hardware token is designed to deliver all the security and reliability organizations expect from a physical security device, without the high price.

It seems that for just $5, if PayPal can offer such as device to over 100 million accounts, the digital currency operators who transact well over a billion dollars a year in client transfers should also adopt such easy to use and inexpensive protection for their customers. Requiring it may be a hard thing to do, but offering it as an optional upgrade like PayPal has done, should convince most users to make that additional $5 purchase. Its well worth it.

Now that the $5 IdentityGuard Token is available to every online money web, hackers and thieves beware, E-gold and GoldMoney could soon have you working overtime.

To learn more about Entrust IdentityGuard Tokens, including pre-ordering information, please click here

Share This

Related Stories

• PayPal Security Key: PayPal Hangs Out The “No Phishing” Sign
• e-Bullion Beats The Hackers….If You Own A CRYPTOCard
• Webmoney Reaches 4 Million Customer Registrations
• Paypal limits
• The E-bullion Advantages, Superior Digital Currency Tools

POSTED IN: Boosting Online Sales, Digital Gold Currency, Emerging $ Tech, GoldMoney, Online Security, e-gold