One example of extreme login security that I've seen is with treasurydirect.gov. Password: min 8 char, 1 letter, 1 number, 1 special. Mailed key card: 7 x 5 alpha numeric grid with a random 3 char series ((A2, G5, F5) for example), 1 out of 3 sets of 10 digit numbers on your key card, 3 security questions on unrecognised computers (out of around 10 - you must remember which 3 questions you set and answer them appropr…
First you enter a password, and you get a challenge code back. You insert your card into a device they send you, then enter the pin and the code. The device displays a response code that you enter into the website.