Online banking, shopping and other transactions will soon have added security with a new dual-factor authentication product called TrustedSignins, which was introduced today by SanDisk Corporation, the world’s largest supplier of flash memory cards. The announcement was made at the RSA Conference, where SanDisk is giving demonstrations at Stand 38 in the Nice Acropolis.
TrustedSignins is based on SanDisk TrustedFlash technology which combines SanDisk’s 32-bit controller architecture with an embedded high-performance cryptographic engine to provide real-time encryption and tamper-resistant security to keep stored data highly secure. As a secure platform that is transparent to the consumer, TrustedFlash is ideal for supporting one time passwords and other secure value-added applications.
The TrustedSignins authentication system provides highly secure protection against online fraud because it uses dual-factor authentication, which requires the combination of something you know, such as a password or user name, with something you have, such as a SanDisk USB flash drive or mobile card. The TrustedSignins solution is based on the same SanDisk USB flash drives and mobile card formats sold at many of the more than 187,000 stores worldwide that carry SanDisk products.
“TrustedSignins technology will be available to financial and other institutions for pilot programs before becoming a standard feature on select SanDisk USB flash drives in 2007,” said Ron LaPedis, product marketing manager for SanDisk. “TrustedSignins software is stored and launched directly from the USB flash drive and requires no installation on a host computer, thus making it consumer-friendly.”
In addition to entering a static user name and password, a consumer connects the SanDisk flash drive containing TrustedSignins technology to a PC and a one-time password (OTP) is generated and supplied to the website for an extra level of security. The one-time password can be routed seamlessly to an identity protection network for validation, allowing the user to access multiple accounts such as those from a bank, auction house or brokerage.
