On 2010/10/29 01:44 PDT, Nelson B Bolyard wrote:

> No, passwords simply have NO PLACE in protecting the average user from
> phishing.  And it doesn't matter whether the password is used to derive
> a session encryption key, or just as an authentication token.  The user
> is just as vulnerable either way. 

Illustrative case history:  http://imgur.com/cNorB

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