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Banks eye bootable Linux CDs
ZDNet Australia ^ | 20050324 | Renai LeMay

Posted on 03/24/2005 7:15:21 AM PST by N3WBI3

Australian company Cybersource says it's currently talking to two domestic banks about providing Linux-based bootable CDs to consumers to ensure Internet banking security.

The company yesterday released information about its Online Banking Coastguard solution. Coastguard is based upon Knoppix, a Linux distribution which boots entirely from CD and is known for its automatic hardware detection features. Cybersource has included Mozilla Firefox as the sole browser for Internet banking.

"We've brought it to the attention of several banks, and are in reasonably serious discussions with two of them," said Rohan Tronson, Cybersource's Coastguard product manager. Although he wouldn't say which companies were involved, Tronson acknowledged his company was talking to both national and regional players.

"One of them has considered the technology, but has already made a commitment to another technology, which is tokens. While it's [Coastguard] not incompatible with tokens, they've already made certain agreements with a certain company involved with those tokens. They've chosen at this stage not to make it something that they'll carry as a major product," Tronson said.

(Excerpt) Read more at zdnet.com.au ...


TOPICS: Business/Economy; Miscellaneous; Technical
KEYWORDS: knoppix; linux
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1 posted on 03/24/2005 7:15:21 AM PST by N3WBI3
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To: Swordmaker

Ping..


2 posted on 03/24/2005 7:16:01 AM PST by N3WBI3
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To: N3WBI3
This woun't catch on. Interest rates on CD's are too low.

[/rimshot]

3 posted on 03/24/2005 7:18:05 AM PST by ClearCase_guy (The fourth estate is a fifth column.)
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To: ClearCase_guy

LOL


4 posted on 03/24/2005 7:22:33 AM PST by Idisarthur
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To: N3WBI3
The only problem with this is the lack of availability of drivers for WinModems, which is what most computers come with these days.

You can get some WinModems to work under Linux, some you can't.

This would solve all virus issues. Every time you boot up, you boot with a clean install.

5 posted on 03/24/2005 7:22:34 AM PST by E. Pluribus Unum (Drug prohibition laws help fund terrorism.)
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To: N3WBI3
Just the other day I tried some internet banking and Mozilla FireFox FoxFire(?) told me that my communication was under an attempted hijack.

It cleared the problem and let me continue but that is the first scare that I have encountered.
6 posted on 03/24/2005 7:26:47 AM PST by Idisarthur
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To: E. Pluribus Unum

Youre right about the winmodem issue, I have not used a modem in so long I dont know how Linux has progressed in its support for those evil devices. but the advantages for people with actuall modems and bb connections are great...


7 posted on 03/24/2005 7:26:52 AM PST by N3WBI3
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To: E. Pluribus Unum

And printer drivers, which you would have to configure everytime.

Not to mention how many people do not know how to configure their BIOS to boot from CDROM.

This would be a nightmare. But I agree more people should use Linux.


8 posted on 03/24/2005 7:27:26 AM PST by mayyah
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To: Idisarthur

The only warning I have seen is when I go to https://mybank.com/login and the sertificate is issues to www.mybank.com


9 posted on 03/24/2005 7:28:04 AM PST by N3WBI3
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To: N3WBI3

I don't disagree. I love Knoppix, and bought a couple of serial modems on eBay so I could use it and get online. Mom and Pop won't know how to do that, though.


10 posted on 03/24/2005 7:28:18 AM PST by E. Pluribus Unum (Drug prohibition laws help fund terrorism.)
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To: N3WBI3

Not a bad idea at all.


11 posted on 03/24/2005 7:29:37 AM PST by Centurion2000 (Nations do not survive by setting examples for others. Nations survive by making examples of others)
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To: mayyah

Most moden PeeCee's already boot from CDROM (hence they send you an emergency repair CD) without any user configuration. Printing might be an issue for some, I myself dont really print after making a transaction (maybe I should) but the nice thing about knoppix is that you can save page offline to your harddrive, reboot it into windows and print from there..


12 posted on 03/24/2005 7:30:41 AM PST by N3WBI3
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To: mayyah
And printer drivers, which you would have to configure everytime.

You can create a persistent directory on your hard drive to save your configuration. It is a Knoppix menu item.

That being said, this particular Knoppix application is a disk the bank gives you for secure banking use. You wouldn't need a printer just to go online for a few minutes to pay some bills and check your balance.

13 posted on 03/24/2005 7:30:47 AM PST by E. Pluribus Unum (Drug prohibition laws help fund terrorism.)
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To: mayyah

whoops I forgot that most people will now be using ntfs, guess the problem stands..


14 posted on 03/24/2005 7:31:29 AM PST by N3WBI3
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To: N3WBI3
whoops I forgot that most people will now be using ntfs, guess the problem stands..

whoops No it doesn't because Version 3.8 of Knoppix can mount and write to an NTFS drive for persistent storage.

15 posted on 03/24/2005 7:42:17 AM PST by E. Pluribus Unum (Drug prohibition laws help fund terrorism.)
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To: E. Pluribus Unum

Wow, I did not know they changed that kernel default so thats ok to do. I had thought it was still considered alpha..

Thanksfor the update..


16 posted on 03/24/2005 7:52:58 AM PST by N3WBI3
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To: N3WBI3
Thanksfor the update..

Sorry to bother you. I didn't realize that your only interest here is to be smarmy.

17 posted on 03/24/2005 7:55:32 AM PST by E. Pluribus Unum (Drug prohibition laws help fund terrorism.)
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To: N3WBI3
I'm missing something here. Sure, it's a clean boot-up, but once you log on the internet what's different?

My sons who are far more internet savy than me claim that more than once, within 15 seconds of loging on the internet the machine was hit with spam or worse. One was a new computer booting-up for the first time. What's to stop the same thing happing here? Linux? The only reason Linux isn't hit is because in the words of Jesse James, "there's no money there". Once that changes Linux will be hit just like MS.

18 posted on 03/24/2005 7:59:11 AM PST by Balding_Eagle (God has blessed Republicans with really stupid enemies.)
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To: E. Pluribus Unum
Dude, what the hell is your problem?

Somebody said that there would be a problem printing. I said save off the doc, but then realized the last time I used knoppix it did not have NTFS write capabilities, so I posted again to that person saying they were still correct. You then jump on me with a very snotty post and I ignore that and thank you for the update (on the state of ntfs support in knoppix)

Now you jump on me again accusing me of being insincere. 'my only interest' hell I posted the damn story...
19 posted on 03/24/2005 8:03:14 AM PST by N3WBI3
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To: N3WBI3

Sounds like it could give Microslop some . . . anxieties?


20 posted on 03/24/2005 8:03:21 AM PST by Quix (HAVING A FORM of GODLINESS but DENYING IT'S POWER. 2 TIM 3:5)
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