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Secure Online Banking with Linux USB Live

Jul 08, 2010, 01:37 (0 Talkback[s])

[ Thanks to linuxconfig for this link. ]

"Online banking is becoming a very popular way to satisfy our banking needs and this even includes people with no or very little technical background. There are numerous advantages when doing banking transactions online, such as 24/7 bank opening hours, ability to make transactions from anywhere in the world and convenience. The only problem is that we do not take our secured home PC everywhere with us. Consequently, the use of other computer and operating system rather than our own for online banking may involve a great security risk. However, what we can and usually carry on us everywhere we go is some sort of the USB key storage device. This article describes a way of building our own customized Online banking USB live Desktop.

"1. Introduction

"Solution to online banking by having an USB key with some bootable Live Linux distribution solely dedicated to serve our online banking needs can be very handy not even when traveling, but also when used on day to day basis. Usually, computers are shared among colleges, family members or friends and therefore chances are very high that our personal details will be made available to some fraudsters and their sophisticated scams and software. What is more, encrypting our non-persistent USB key will make Live USB online banking desktop worthless when falling into enemy hands. Therefore, there is no harm of storing our online passwords directly on the USB itself using an application such as gorilla-password ( double encryption ). Perhaps the outcome of this guide is not as good as the famous IronKey with all its shiny features, but we would all missed the fun if there will be no space to improve it."

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