[contemplator]

This will require some sort of biometric periferal be installed on every computer from which a bank account will be accessed.

Go to the url below if you are interested in two-factor authentication devices, RSA is the industry leader in them. It only requires a keyfob that you carry around on your keychain with a pin number you keep in your head. The password changes every 60 seconds or so.

http://www.rsasecurity.com/

[papasmurf]

My wife's company uses a similar system. The keychain numbers continually change. They don't change in a predetermined amount of time, either. We have a VPN here to her office, and sometimes the password code will change before she can enter the whole string.
Her boss doesn't like it, says it's still not secure enough. So, they are implementing a web based login that includes biometric and 3 authentications, one of which will retain the keychain method.

I still haven't been hacked using PASSWORD as my password.:)

:O)

P

[woofer]

It only requires a keyfob that you carry around on your keychain with a pin number you keep in your head. The password changes every 60 seconds or so.

Yeah, I got one for work. It changes roughly every 4 - 5 minutes.

I was bored one day and timed it.