For best protection, Ozancin recommends two-factor authentication3: adding an additional security mechanism to the password one such as a smart card or an encryption key pair.
Changes also had to be made to the rules for takeovers, he went on - so that investors and businesses could build for the long-term, adding that a new mechanism was needed to ensure major infrastructure decisions were made for the long term and not subject to political cycles.
Under the terms of the deal, this supervisory body will oversee the eurozone's banks and use the single currency area's rescue funds, the European Financial Stability Facility or European Stability Mechanism, to aid banks directly without adding to governments' debt.