Reliance Money, the retail stock broking arm of Anil Ambani group is planning for a two way authentication process of its customers to login to the portal.
What is two way authentication ?
1. Normal Login & Password.
2. Additionally, Reliance Money will provide a device which will generate a password and that has to be keyed into the login page within 20 seconds. You have to carry this device always with you.
Now, wait a minute why do we require such 2 way authentication mechanism ? Aren’t other broking houses providing services without it ? Such high security systems are usually implemented by corporates who have access to highly confidential and sensitive data.