An anonymous reader writes "There was a television program in Australia last week about Matthew Walker's visual battery-less two-factor authentication system called PassWindow. Essentially, you hold the clear plastic window up to the apparently random pattern on the screen of your computer, revealing a one-time PIN to type in for authentication. The plastic window has many advantages: difficult to copy or view over the shoulder, etc. Because there is no electronics, chip or battery, the PassWindow is extremely cheap to manufacture, giving it a big advantage over other two-factor authentication systems. However, I don't know about the security of the system. The apparently random pattern of lines in the PassWindow is analogous to a one-time pad, using a different subset of the one-time pad every time a PIN is needed. Is this a useful level of security for logging in to a bank account?"