SEP
25
2007

PayPal Security Key

By Noah (money, observations, security)

I have to admit, I’m a sucker for gadgets. Especially ones that use super secret complex algorithms to generate numbers that protect my online bank account.

PayPal Security Key
Every 30 seconds, this compact device generates a new 6-digit code that is used to log in to my PayPal account. The algorithm is tied to a unique device id, so only numbers generated from my device will work.

I’m not sure exactly how small it is, but the PayPal website claims you can easily fit it on your keychain.

The cost is $5 and shipping takes about 10 days. I’ve already ordered mine and will post a follow-up on my experience with it.

Is it wrong that I’m doing this as much for the “wow” factor as I am the added security? What’s next–wireless thumb scanners?




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