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Two way authentication by Reliance Money ?

January 6, 2007

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.

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