From June 23rd you will be required to enter two codes from your AIB Code Card in order to complete the following actions on AIB Internet Banking:
This is only required for certain transactions, but it still seems to be a useless change. If someone has one code, the odds are extremely good that they have the code card. If not, the second code can probably be obtained using exactly the same method as was used to get the first.
If they really wanted to enhance their security, they might be better off deploying something like Rabo Direct's Digipass. I believe they already have something similar for their Business Banking. Unfortunately, this probably won't be done due to cost.
To go slightly off topic, the new AIB Internet Banking site is a vast improvment over the previous incarnation.