AOL To Launch New Internet Password Tech

aolid1.jpgA new password technology for consumers being introduced by AOL could mean an end to internet users having to remember multiple login details for their different online accounts and pose a challenge to Microsoft’s current solution, Passport.

AOL’s PassCode Premium Service consists of a $9.95 key-tag device provided by RSA Security, the online identity management provider. As well as buying the device, those wanting to use the service will also pay an additional $1.95 to $4.95 a month depending on the number of logins on their account protected.

The key-tag is already widely used in the corporate world, but AOL’s launch is a first for the consumer space.

AP: It won’t protect services offered by third parties on the open Internet, outside AOL’s walled gardens, except in cases where their statements and other sensitive information are sent to the AOL e-mail account. Nor is the second password needed to use AOL Instant Messenger.

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