On-demand password promises extra layer of protection
Shaun Nichols in California, vnunet.com08 Apr 2008
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VeriSign has released a set of tools which allows firms to deploy one-time
password systems.
The one-time passwords serve as an extra layer of protection which can be
used in combination with a username and password to verify users.
The password is generated on demand or at a regular interval, and displayed
on a small device such as the
PayPal
key fob.
Site owners will be allowed to access a set of APIs, and are provided with
one year of free access to the VeriSign Identity Protection (VIP) system.
VIP allows a site to contact a central server for the one-time password.
After logging in, the credential can then be used on other sites that subscribe
to the VIP service.
VeriSign also said that companies which sign a two-year contract with the
service will receive their first 5,000 security tokens for free, a move which
the company hopes will boost participation in the programme.
"We are making an investment to ensure that the service is relevant," said
Kerry Loftus, vice president of consumer authentication at VeriSign.
One of the early partners for the service will be AOL, which plans to use VIP
to supplement its OpenID initiative.
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