SafeNet introduces optical signing device to fight e-banking frauds

eBanking is fast becoming a very common activity, which most of us indulge in given that our busy lifestyles leave us with little time to do them physically. Instances of rogues trying to chance in on this dependence, unfortunately, has become a common occurrence, too. Financial institutions carry high-risk, high volume transactions on a daily basis, and constantly live under the fear of facing a hack. SafeNet Inc., a brand better known for data protection solutions have in an official statement announced the launch of, what they refer to as an innovative electronic signing and strong authentication token-based device, called eToken 3500. The device, according to SafeNet aims at dealing with varied risks that are associated with online banking, these days, which include both dangers to the user's identity and transaction details.

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