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IBM develops ZTIC USB stick for secure online banking


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Among the goodies making their debut at CeBIT this week, ZTIC (Zone Trusted Information Channel) is a USB stick designed for secure online banking, even on your horribly malware-infected machine. Developed in Zurich by IBM, this guy opens an SSL connection with the bank's servers, keeping the data safely on its side of things (this guy has no storage of its own) and displaying the transaction on the hardware itself. Even if your connection is breached by a "man-in-the-middle" attack, the hacker's funny business will be exposed on the device's display, which comes equipped with a big red "panic" button -- just in case. Pricing and availability for banking institutions has yet to be determined, but we do have a boss video for you after the break.

[Via PC World]

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