Compliance with the PSD2 requirements regarding strong customer authentication
Everyone needs a bank account. Of course, only the authorized person may access the bank account. But how do I reliably recognize the beneficiary ? This works by means of strong customer authentication. Through using the key elements knowledge and ownership, customer authentication usually becomes strong already.
For example: In addition to owning the counterfeit-proof chip card, the bank customer must know the associated PIN. Access to the account is only possible with both elements.
Dagmar SchoppeSRC Security Research & Consulting GmbH