PayPal launched on Friday its security key fob, a little device designed to thwart password-stealing bad guys who are out to pilfer your online payment account.
PayPal, owned by online auction behemoth eBay, says its PayPal Security Key will generate a new security code every 30 seconds, which people will enter along with their log-in and password for their eBay and PayPal accounts.
PayPal, which initially announced in January plans to increase security via a password-generating key fob, will charge $5 to PayPal and eBay account holders in the U.S. The plan will be expanded internationally.
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