0133050866_vc MIS13_CH08_Case3_IBM_ZTIC.pdfVIP

Management Information Systems 13e KENNETH C. LAUDON AND JANE P. LAUDON CHAPTER 8 SECURING INFORMATION SYSTEMS CASE 3 IBM Zone Trusted Information Channel (ZTIC) VIDEO CASE SUMMARY More and more attacks on online banking applications target the user’s home PC, changing what is displayed to the user while logging and alteringSy key stemsstrokes. In order to foil these threats, the IBM Zurich Research Lab has introduced the Zone Trusted Information Channel (ZTIC), a hardware device that can counter these attacks in an easy-to-use way. L=3:07. URL /watch?v=mPZrkeHMDJ8 CASE Online banking is growing in popularity due to its convenience and ease of use. However, as with any transactions that take place over the Internet, online banking transactions are vulnerable to multiple types of malicious attacks. Although phishing is still a common method that hackers use to commit bank fraud, another method that is difficult to combat is a “man-in-the-middle” attack, referred to in the video as a “man-in-the-browser”’ attack. Banking transactions are traditionally conducted via two-factor authentication (T-FA). An authentication factor is a piece of information or process used to verify the identity of a person (or other entity) requesting access to a restricted asset or area. Authentication factors are classified into three groups: human factors (biometrics, for example, “something you are”), personal factors (“something you know”), and technical factors (“something you continued Chapter 8, Case 3 IBM Zone Trusted Information Channel (ZTIC) 2 have”). Two-factor authentication is a system in whic