January 26, 2006

Restore confidence in the exchanges of information

nCryptone

Along with the boom of online banking transactions and the rise of e-commerce, the number of hacking and identity theft attempts grows, and lead to ever growing losses, not only for banks, but also for their clients. Being “open” more often, information systems also become more vulnerable.

In the face of these risks, the usual protections, like the use of a static password, showed their limits. The only answer offering a real security guarantee consists in using an unpredictable one time password, generated by an object held only by the duly authorized user (a token), and completed by a code known only by him (the PIN code).

Nevertheless, these technologies around the dynamic password (OTP or One Time Password) have a major handicap: the tokens that are available on the maket nowadays are relatively cumbersome. By embedding a battery, a flexible screen, a button and a cryptoprocessor in a card that is the size of a credit card, nCryptone offers an ultraportable token displaying a 6 or 8 digit dynamic password.

Existing in several versions, this product benefits from work led jointly by and the American company InCard, linked to Visa International by nCryptone an exclusive agreement for the conception and marketing of financial cards.

January 26, 2006 at 02:55 PM in Smart Cards | Permalink | TrackBack (18) | Top of page | Blog Home