Methods and systems for authenticating a security device for providing a secure access and transaction authorization to a remote network location are provided. The security device is authenticated by installing private security software on the security device. A Two-Channel authorization method includes a transaction notification/authorization channel and a transaction channel. A Three-Channel authorization method includes a transaction notification channel, a transaction authorization channel, and the transaction channel. Embodiments of the present invention provide increased security and privacy. A corresponding system for authenticating a security device and preforming secure private transactions is also provided.