Misused, abused and stolen passwords are the leading cause for expensive data breaches. Increasing complexity and multiple resets is an overhead for the enterprises and a major headache for the consumers. In addition, disparate systems exist for on-line and physical access. CypherEye provides a unified authentication solution to access services and devices without typing in or exposing any credentials (user names, passwords and biometrics) during logins, employee identification and public services.
Current solutions for document signing are not robust enough for sensitive transactions. They typically use one time passwords and other non-user friendly security procedures. Without the actual signing process needing changes, a solution integrated with CypherEye, strengthens the current offerings and creates an electronic audit trail to enable secure commercial contracts, notary services and eGov. applications.
Despite the deployment of expensive hardware upgrades such as chip cards and NFC devices, both off line and online payment fraud is increasing with credentials stolen at the receiving end or during the transmission process. CypherEye eliminates the risk by integrating with any payment gateway and POS terminal. The CypherEye code is displayed on a screen and the payment instructions are securely delivered to the user phone for processing with no data input required.
With billions of new IoT devices expected to come online in the next few years, access, authentication and management will become a major challenge. With Quantum Computing coming on line, IOT security will become increasingly vulnerable to cyber-attacks. Furthermore low-powered electronics do not have processing power to provide a secure connection. Cypher Shield is an an agile quantum resistant shield that can encapsulate existing security protocols over IP, Bluetooth, NFC, RFID and 5G.