General considerations

A completely secure system is a virtual impossibility, so an approach often used in the security profession is one of balancing risk and usability. If every variable submitted by a user required two forms of biometric validation (such as a retinal scan and a fingerprint), you would have an extremely high level of accountability. It would also take half an hour to fill out a fairly complex form, which would tend to encourage users to find ways of bypassing the security.

The best security is often unobtrusive enough to suit the requirements without the user being prevented from accomplishing their work, or over-burdening the code author with excessive complexity. Indeed, some security attacks are merely exploits of this kind of overly built security, which tends to erode over time.

A phrase worth remembering: A system is only as good as the weakest link in a chain. If all transactions are heavily logged based on time, location, transaction type, etc. but the user is only verified based on a single cookie, the validity of tying the users to the transaction log is sever