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Comment from Stephen Howes, Founder, GrIDsure, the alternative to PINs and passwords:

"Facebook’s move is definitely a positive one and it’s encouraging that major online brands are finally realising that passwords definitively do not provide adequate security in today’s online world. However, with an ’opt-in’ service like this, Facebook is still leaving security in the hands of its users and the texting service might not be popular as it adds an extra layer of inconvenience to the login process. Facebook is suggesting that this additional feature will only be for logging on in public places, but my hunch is that most users will not want to wait the extra seconds required to receive a text message before accessing their list of friends.

“Ultimately, Facebook’s default system is still completely reliant on passwords, which they acknowledge can be easily compromised. These major online brands need to put in place holistic one-time passcode solutions that are easy to use, offer enhanced security to users and don’t cost too much for the service provider to implement.”