VeriSign offers new service to curb ID theft

From InfoWorld: The VeriSign Fraud Detection Service will incorporate Snapcentric’s anomaly detection software, which tracks how a user normally accesses an online banking site and then flags unusual patterns in behavior. If the software detects abnormal online behavior, however, a user may be required to answer a question or respond to an e-mail or phone message with a one-time code.

This service should be another useful tool that US financial institutions can potentially look to in order to comply with recent FFIEC guidelines (which state that user names and passwords are no longer sufficient for high-risk transactions).