Entersekt has been awarded a U.S. patent for its mobile-enabled multi-factor authentication software.
"Established approaches to online security have not been able to contain an explosion in digital crime, so we set out to engineer something entirely new," said Christiaan Brand, Entersekt's co-founder and chief technology officer in a released statement. "Enormous advances in mobile technology, coupled with the power of public key infrastructure, provided us with the tools to radically strengthen online security while meeting consumer demand for time-saving convenience. This patent caps off a furious burst of development at Entersekt and we look forward to an exciting time ahead!"
The system works by simultaneously verifying both the consumer and online service provider by issuing certificates to both. The digital certificates make it possible for the mobile device and application server to uniquely identify one another. This also creates a space where encryption keys can be exchanged in order to fully encrypt all communication between the two end points.
The system is compatible with hundreds of mobile phone models and with all major operating platforms. It is also certified to authenticate online Visa, MasterCard and American Express card transactions.
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