12 Dec '11, 6am

New OneKey device to help cut down on clutter of password tokens

New OneKey device to help cut down on clutter of password tokens

In the next few months, hundreds of thousands of Singaporeans will be given an advanced password token for securing their online transactions with two stock broking houses here. They are Philip Securities and Kim Eng Securities. -- PHOTO: ASSURITY By Irene Tham In the next few months, hundreds of thousands of Singaporeans will be given an advanced password token for securing their online transactions with two stock broking houses here. They are Phillip Securities and Kim Eng Securities. The token, called OneKey, is from Assurity, a subsidiary of the Infocomm Development Authority (IDA). OneKey comes with a keypad and is the size of a namecard. It generates a random password for added security in a process known as two-factor authentication (2FA). The Government's 2FA system, which was commercially launched on Monday, is meant to supplant the clutter of tokens issued separa...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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