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Our second-world broadband uptake 21 October 2005 Edition
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Have you noticed how hard Telecom is working to hike up the number of people using its broadband service?

The telco is making it easier for ISPs reselling its DSL services to get customers onboard and many are now advertising special deals that include a free modem and no connection fees.

The strange thing is that, New Zealand's broadband uptake continues to lag most other western nations, according to this report which was last updated 20 October amd referenced om today's edition of the NBR.

Admittedly this data represents the state of play as of four months ago and these recent offers may have triggered a surge in sign-ups but it still make sobering reading doesn't it?

Now have your say
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While you're here, why not visit the Aardvark Hall of Shame and perhaps make your own nomination.

It's all been said before, so I'm not going to reiterate it -- except to point out that much of the blame for our 2nd-world broadband levels can be laid directly at the door of government and the agency charged with ensuring competition in the marketplace: The Commerce Commission. Sabre rattling and empty threats are a waste of taxpayers' money guys.

Another million-dollar idea
The BNZ had to shut down its internet banking website for a while yesterday in the wake of another phishing attempt aimed at Kiwi online banking customers.

This latest attempt at fraud comes just weeks after someone targeted the BankDirect service and shows that phishing is alive and well on the Net.

Although it's not know how many (if any) of the BNZ's customers were caught out by this con-job but it does emphasize the fact that a simple ID/Password system is no longer adequate to ensure a reasonable level of security for those who are susceptible to such tricks.

Maybe it's time that the banks considered an extra level of authentication -- such as a simple little plastic "authenticator" that could be chucked on a key-ring.

Such a device could have as few as four buttons on it, each containing a symbol or digit that would match to a series of characters that was presented as a challenge by the bank's login system. When faced with such a challenge, the legitimate user would key that string into their authenticator and it would display a response code on its LCD. Only after typing in that response code would access be granted to a customer's account.

Each authenticator would be flashed with an individual customer's part of the electronic key -- so that no two devices would produce the same response for a given challenge, thus making even the physical possession of such a unit of no value to the phisher.

Come to think of it -- there must be a raft of bright young Kiwi entrepreneurs out there who could design and manufacture such a device. This is something that would likely have a global market -- as banks and other online services search for a solution to the phishing problem.

There we are, I'm giving away another million-dollar idea.

I'm sure it's been done before -- but nobody seems to have properly marketed such a concept or the demand hasn't been sufficient to provide the necessary economies of scale. I'm pretty sure that now would be an excellent time to (re)launch such a product however. Just send the royalty cheques to me.

Go have your say in The Aardvark Forums

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