Avivah Litan Quotes
The government initiative gives a clear and loud wake-up call to a procrastinating U.S. banking industry that has not moved beyond relying on single-factor reusable password authentication. 
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Government | Initiative | Clear | Loud | Wake |
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In the past, everything was much more traceable. Now you can open 10,000 (bogus) accounts in the time it used to take to open one, all in a faceless Internet.
- Avivah Litan
It's like a schizophrenic story. It's their No. 1 concern, but it's the bigger companies who can do something about it. Sometimes the cost of implementing these systems is higher than [credit card] fraud service and, depending on the price guarantee, small merchants might not want to buy it.
- Avivah Litan