BDO Online implements One-Time Password via SMS

Abe Olandres Editor-in-chief May 1, 2013 · 1 min read

Listen to article

Pasig Mega Market gets Starlink internet for cashless payments EU-PH Digital Initiative aims to boost connectivity and cybersecurity Grand Theft Auto VI pre-orders begin on June 25 LTO raises cybersecurity concerns over expiring LTMS contract Instagram introduces Multiple Captions for Carousel Posts

Earlier this week, BDO implemented a two-factor authentication with their online banking service. Aside from the personal password, BDO is also sending a one-time password (OTP) which customers use to be able to login to the online banking service.

This implementation is very similar to what GMail is offering with their 2-step verification process.

BDO has only introduced it this week and all customers have the option to enable this in their account profile. This means that aside from your usual personal password, another password is sent to you within minutes of the initial login.

The password automatically expires after 10 minutes so you will need to re-authenticate after that period. This security measure prevents incidents of password hacking or phishing and provides another layer or protection so we welcome this step from BDO.

React to this article:

one time password bdo

Abe Olandres

Editor-in-chief

Abe is the founder and Editor-in-Chief of YugaTech with over 20 years of experience in the technology industry. He is one of the pioneers of blogging in the country and is considered by many as the Father of Tech Blogging in the Philippines.

8,010 Articles

View all posts by Abe Olandres →

38 Comments

Beejay · 8 years ago

It’s been implemented in middle East since long time and proven to be safe, since sim registration is also implemented. Bdo and other Philippine bank are bit too late in this feature.

jasper legaspi · 10 years ago

sobrang delayed yung OTP! expired na bago dumating yung password! grrrrr naubos oras ko kaka ulit then ganun ulit mangyyari

MARCO · 12 years ago

sir ask lang, by default po ba ung Enable SMS Notifcation ay uncheck?Need pa ba icheck ito para makareceived? thanks.

anabel · 13 years ago

super delayed na nga ung mga code, ayaw din gumana ng challenge question. super annoying talga. halos tumalbog yung cheque.

Enya · 13 years ago

Super duper delayed. Smart user. Muntik na kong maputukan ng tseke kanina! Tsk tsk tsk…will be disabling later.

this one · 13 years ago

..gamitin nyo na lang po yung challenge question na link :)

she_ina83 · 13 years ago

Sir Abe, baka dapat i-blur mo ung mobile number mo sa pic.. mahirap nang iexpose yan sa web, baka kung saan pa gamitin ng kung sinu-sino

Abe Olandres Editor-in-chief · 13 years ago

it’s ok, just a fake number.

AA · 13 years ago

Malamang kasalanan na ng networks yung delayed SMS nyan. Buti may challenge question

BEEDEEOH · 13 years ago

..though twice na nangyari sa akin delayed yung SMS nila, yung kagabi kong open ngaung umaga ko lang narcv yung password. pero meron hyperlink sa baba yung challenge question, yan na lang ginagamit ko mas mabilis pa :)

TxtDelayed · 13 years ago

Text messages were delayed (I’m a Smart postpaid subscriber). Expired na yung password bago mo pa magamit.

Good thing there is Challenge Question option.

TxtDelayed · 13 years ago

Text messages were delayed (I’m Smart postpaid subscriber). Expired na yung password bago mo pa magamit.

Good thing there is Challenge Question option.

Benchmark · 13 years ago

It was already implemented in Citibank online dati pa. And for me, medyo kampante na din ako kasi I know nobody is checking on my citibank…yun lang kung may clone yung sim ko.