05 October 2015

IBM develops two-factor security for mobile devices

21 October 2013  |  7663 views  |  0 Fingers on smartphone keypad

Applying a combination of NFC technology and contactless bank cards, IBM has developed a simple two-factor authentication protocol for users conducting mobile transactions.

Currently applicable to any NFC-enabled Android 4.0 handset, users place their contactless card next to the phone and key in their PIN to generate a one-time code that is sent to the corporate server to confirm authentication.

IBM says the system could be used to provide an extra layer of security for online banking and digital signatures for remote users accessing a corporate Intranet or private cloud.

The contactless smartcard could be a bank-issued ATM card or an employer-issued identity badge, says Big Blue.

Diego Ortiz-Yepes, a mobile security scientist at IBM Research, says: "Our two-factor authentication technology based on the Advanced Encryption Standard provides a robust security solution with no learning curve."

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board, sign up now.

Related blogs

Create a blog about this story (membership required)

Related stories

11 October, 2013
11 September, 2013
06 September, 2013
15 August, 2013
16 April, 2013
31 January, 2013

Related company news


Top topics

Most viewed Most shared
More global banks back blockchain collabor...
10202 views comments | 57 tweets | 49 linkedin
Iran joins fintech revolution
7776 views comments | 20 tweets | 5 linkedin
Banks face choice to collaborate or compet...
7662 views comments | 39 tweets | 45 linkedin
Samsung Pay lands in the US
5975 views comments | 25 tweets | 24 linkedin
Worldpay trials facial recognition technol...
5828 views comments | 21 tweets | 38 linkedin

Featured job

to $120K base, double OTE, benefits
New York City, NY or Boston, MA (USA)

Find your next job