Once your USB security key is set up, when signing in to your online account or executing a bank transfer, you will be prompted to touch your YubiKey. Once logged in, go to “Profile & Settings” in the top right corner, and under “Security settings” click on “Manage SafePass” ĭepending on your type of account and/or account settings, you should see the option to add a USB Security Key, as well as enable Secured Transfer. Log-in to your online Bank of America account using your username and password How to set up your YubiKey for Secured Transfer and online banking sign in: If you are a Bank of America customer and do not have a YubiKey, you should consider increasing your security posture with a YubiKey. Many Bank of America online banking users that have a YubiKey, can now register their security key for account sign-in two-factor authentication (2FA) as well as setting up the Secured Transfer feature to add an extra layer of physical security to their online account. Bank of America’s advancement to the Secured Transfer feature builds off of this foundation by introducing the option for more secure, FIDO-based hardware authentication. Previously, SafePass only allowed for one-time code mobile authentication or via SafePass Cards. They have also provided the option for many Bank of America customers to sign-in to their online banking account with a USB security key.īank of America’s SafePass theft protection was originally introduced to provide individual, small business, and brokerage customers with an extra layer of security against unauthorized transactions. Bank of America has announced that they are replacing SafePass with the new Secured Transfer feature, which allows for USB security key registration and transfer authentication with YubiKeys. While there have been many milestones over the last decade, today marks a true ‘security step up’ for online banking account sign-in and bank transfer protection for many Bank of America customers. In 2016, they championed, alongside Yubico and several others, the launch of the “Lock Down Your Login” public awareness campaign designed to enable every American to better secure their online accounts through the use of strong authentication. They were one of the first major banks to join the FIDO Alliance and be appointed to its board in 2014.
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