Many banks in Asia and large financial institutions in the US, like Charles Schwab, Fidelity Investments, E*Trade and others are now offering 2-factor authentication for their online services. These features require a user to use a USB token or receive an SMS message on their cellphone, in addition to entering their password. This requires users to both know something (password) and have something (registered cellphone or usb token), in order to gain access to their account. The benefit is that if your password is compromised, a physical item is still required for a theif to gain access to online banking. Implementing 2-factor authentication at BECU would greatly enhance member online security.