Bank of America USB Security Key Experience

Bank of America allows customers to increase the protection of online accounts with new Security Key feature. Once your USB security key is set up, it serves as an extra layer of security for adding transfer recipients to your account and for extra security at sign-in.

Bank of America allows customers to increase the protection of online accounts with new Security Key feature.

Bank of America has announced that they are replacing SafePass with the new Secured Transfer feature, which allows for USB security key registration and transfer authentication with FIDO security keys. They have also provided the option for many Bank of America customers to sign-in to their online banking account with a FIDO security key.

SafePass has long been Bank of America's solution to provide an additional layer of security against unauthorized transactions. However, SafePass only allows customers to use mobile authentication with a one-time code. With the introduction of the Secured Transfer feature, Bank of America has managed to introduce an even more secure and, most importantly, FIDO-based hardware authentication. As a result, customers are 99.99% protected from phishing attacks and no longer need to worry about their data security.

Adding and using a security key is as easy as 1 2 3. Here are the easy steps to adding a security key and using it on successive logins.

Step 1: After logging into your account, select Profile & Settings -> Manage SafePass.

Step 1

Step 2: Click Add button from the Security Center page.

Step 2

Step 3: You will be sent Authorization Code via Text Message or Call to your phone when you click SEND CODE button.

Step 3

Step 4: Enter Authorization Code and Debit PIN then click SUBMIT.

Step 4

Step 5: Click OK to Security key setup popup.

Step 5

Step 6: Click OK to allow Bank of America to see make and model of your security key.

Step 6

Step 7: Insert your security key and then touch the security key.

Step 7

Step 8: If successful, you will see the message that shows security key is successfully added.

Step 8

Step 9: Step 9: Logout of your account and then log back in. When you try to log back in, it will ask you to touch your security key to verify you are the owner of the account.

Step 9

Once your USB security key is set up, it serves as an extra layer of security for adding transfer recipients to your account and for extra security at sign-in.