Wow! Someone finally made malware-based bank hacking impossible! Not matter how skilled hackers may be, there is no way they can 'win' on this one. Now, a part of the authentication process just got impossible to hack, thanks to Bank of America cyber-security experts. The bank site will generate a 6-digit code and send it to the customer's mobile phone, while the user will have to introduce the code in order to gain access to his bank account. Thing is, this sort of password expires a few minutes after it has been sent, so you have to use a different one each time you log in.

I cannot see any way this could be hacked. Suppose a hacker gets the user's data; but what's the use since he does not have that code? There is no way to do this using common malware. No Trojan can help you in this scheme, no keylogger, no nothing. Suppose you act really fast and steal the code, you can only get it after it has been introduced, and no smart web designer allows two simultaneous logins on the same account, especially when talking about a bank's site.

Sure, you can hack into this account if you're the Department of Defense and monitor calls and text messages, but I guess you're not... are you? This anti-phishing security measure is bound to take down online fraud. The not-so-good part about it is that it has just been created and it's new, so not everyone will benefit from it. It will be available for BofA customers in the US this week and to Californians later this month. I can hardly wait to see how they hack a bank account after everyone will have this module protecting them! Ha! In your face, hackers!