PayPal Security Key

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PayPal Security Key

Online payment system PayPal has become a favourite target for phishing scams. Members are sent sometimes very convincing emails purporting to be from the site to fool them into giving out their login details.

To combat this threat, you can now add an extra level of security to your account using the PayPal Security Key. This portable device, which is small enough to wear on a key chain. generates a unique six-digit security code roughly every 30 seconds. You enter that code when you log in to your PayPal or eBay account with your usual user name and password, then it expires so that no-one else can use it.

The PayPal Security Key will be available early this year. You can order one now from here for $5 (£2.54).