Technology - swIDch

What we face

A cyber-attack takes place somewhere around the world
once every 39 seconds. As a result, there were 8 billion pieces
of sensitive personal information being leaked to the market in 2019.
These all cost the global economy a staggering $2.9M
every minute in 2020. But WHY does this happen?

Risk of static
information

Card numbers, ID, password, and PINs which we use every day are great examples of static information used as authentication credentials. Knowledge-based authentication – whether with PINs, passwords, passphrases – not only causes a major headache for users, but is also costly to maintain. As the world gets more connected, using static information for authentication carries with it a huge vulnerability allowing cyber crimes such as identity theft, card-not-present fraud, and hijacking to take place.

ID/PW

- Static information
- Easily lost and stolen

Complex
authentication process

OTP, which is widely used for secure identity authentication, cannot perform user authentication alone, so an initial authentication step (usually ID and password) is required. Since you must go through more than one authentication step, the complexity feels even greater for users.

OTP

- On its own, it is not enough to identify a user.
- It always requires initial self-authentication between a user and a server.

Network
connection distress

In locations with poor network,
it is a big headache to force the use of a communication network for authentication. The token method is used in numerous authentication environments and has become one of the most common ways of performing secure authentication by obtaining access rights through a specific point-in-time comparison of the authentication key generated by a token service operator (TSP). This is limited due to the reliance of connectivity between a user, a server and a TSP. It is also only operates in an environment controlled by a central server.

Token

- Requires network connection
- Bi-Directional

What we offer

swIDch’s OTAC technology combines advantages of the three most common authentication
systems – user ID/passwords, RSA hardware/software for generating authentication codes, and tokenisation.
This provides a solution that is more efficient and more effective than any of these elements individually.
It generates a single dynamic code that both identifies and authenticates the user at the same time and
can do so without a network connection. And because it’s a single-use, time-based code that’s unique to the user,
it can’t be used by someone else or used again.

Strong security

Passwordless Multi-factor
Authentication.
No identity theft and CNP (Card-not-present) frauds by completely eliminating the attack surface.

Seamless Integration

Use of API/SDK to bring simple and frictionless integration for IT admins.

Unlimited scalability
& flexibility

The lightness of OTAC enables applications in multiple industries and not limited to devices

Unbelievable
cost saving

No need to build heavy token infrastructure. Save costs associated with network traffic, maintenance, and fraud compensation.

User authentication is impossible With OTP only

Vulnerable to leakage/exposure by Static value

Communication required between User and server
(Pull & Push)

No need to communicate with Server

Real-Time changes every time for Secure
authentication

Non-reusable One-Time Authentication

No duplication or overlap

How it works

To access a system using OTAC, authorised users can use their mobile device and – for an extra layer of security – something like an employee ID or bank card enabled with swIDch’s technology. By launching the swIDch app, or the client’s own app integrated with swIDch technology, and then touching the ID or bank card to the mobile device, users can generate a one-time alphanumeric or QR code.

In effect, the user’s device acts like a token server, generating a one-time code for access without the need to connect to a network. Identification and authorisation are then both enabled when users type or scan their code into the system they want to access.

Welcome to
Remote Access

This service provides secure access to internal resources when you are working outside of the office.

Username

Password

Pin+Token

Login

Traditional company intranet access

Welcome to
Remote Access

This service provides secure access to internal resources when you are working outside of the office.

OTAC

Login

QR code

Company intranet using swIDch

Traditional company intranet access

Company intranet using swIDch

Where to use

Payment

OTAC technology can generate dynamic virtual card details without a network
connection, thereby adding an extra layer of security to the payment process.
This patented technology is a CNP (card not present) security solution that replaces
static card information with dynamic details, which gives users full control
over their security and finance.

Read our 'Toss Bank' case study here

Connected Car

Current digital key solutions require network connectivity when it comes to car sharing to
receive and activate the key. There can be an issue when the vehicle is located
in a basement or rural area where network connectivity is weak.

OTAC allows drivers to access a vehicle in a networkless environment.
No matter where the driver or car is located, there are no obstacles for drivers activating the
digital key and sharing it with an authorized person.

IoT

OTAC is unidirectional authentication technology that allows devices to simply
authenticate your user/object with the dynamic code. Enable your users to locally generate
OTAC and deliver it over various channels such as voice, keypad, Bluetooth, etc.
Algorithm size under 4KB fits into any device chips for enhanced security.

M2M

Enterprises are moving towards microservice environments implemented with
end-to-end trust. However, authentication flows can be cumbersome and involve many
round-trips, with an irreducible time cost for each; authorisation services can become
overwhelmed as each microservice relies on them for access control.
OTAC allows secure authentication of a user in a single ended flow,
greatly reducing the number of round trips.

IAM / Enterprise

Forget passwords and OTPs. Users can securely access services and networks
with OTAC code alone. OTAC guarantees hassle free log-in that works even in an
off-the-network environment. With OTAC, access your company applications
anywhere and anytime. Remote working is no longer a problem.

Read our SE Asia E-Stamp case study here

Military

In the middle of a battle in a war, it is very difficult to identify your friendlies or targets.
Current solution to the problem is to identify friendlies from their devices
using static information, which can be hacked and used by the enemy.
OTAC can completely eliminate this risk by generating dynamic codes locally
without a network. Wherever a soldier is located, their device will send a dynamic
code which hackers cannot steal so that their own force can identify securely.

Read our 'Milipass' case study here