RSA intros one-time password authenticator

BANGALORE, INDIA: RSA, the security division of EMC, today announced the worldwide availability of RSA SecurID 1100 Display Card, an event-based, one-time password (OTP) authenticator in a flexible card form-factor designed to help financial institutions and their customers secure online accounts and transactions with two-factor authentication.

A new addition to RSA’s growing portfolio of Identity Assurance solutions that balance risk, cost-of-ownership and convenience, the RSA SecurID Display Card is easily carried in a wallet or purse, helping to solve the problem faced by financial institutions of how to ensure that their customers are protected by strong authentication in an easy-to-use manner, said a press release.

With the push of a button, a new one-time password is generated on the card’s display providing organizations with two-factor authentication capabilities designed to protect consumers’ online financial transactions – including account access, bill pay, and money transfers.

“The card-shaped form factor of the OTP can improve security and usability for consumers,” said Mark Diodati, identity and privacy analyst with Burton Group.

“The form factor is harmonized with the way that consumers interact with financial institution websites. The technology also works well when consumers carry multiple OTPs in their wallets for access to multiple financial institutions.”