New Patent granted Keypasco in China

Core technology of Keypasco is now patented in China. The patented core technology with device authentication in a two-channel structure is already implemented in Keypasco products, which mitigates phishing, man-in-the-middle, man-in-the-browser, and more.

Keypasco has filed patent applications in all major countries to secure its core software technology, which is the foundation for the Keypasco authentication solution. Keypasco offers a secure multi-factor authentication solution to secure online services, such as Internet Content Providers within Internet banking (eBanking), eCommerce, online gaming, mobile payments, eGovernment, and more.

China is the fifth country to grant Keypasco with the patent on the core technology. The patents are now approved in Taiwan, Korea, Japan, USA and China. Mr. Maw-Tsong Lin, CEO at Keypasco, and Mr. Per Skygebjerg, COO at Keypasco, are the inventors.

Mr. Maw-Tsong Lin, inventor of the solution and founder and CEO of Keypasco, summaries: “This is the proof of the uniqueness of Keypasco technology. A completely new way of thinking within the authentication industry!” But more importantly is that the patent has now been realised as a product and we have our first customers with millions of end users live in production. We offer an alternative to expensive hardware tokens; a software-based multi-factor strong authentication with an intelligent risk engine what continuously improves against new threats. Keypasco´s patented technology is also proven to be a perfect fit to smartphones. We see a new trend where we use a mobile phone as a security application instead of traditional hardware tokens. By doing this it’s easy to rollout to the masses and to offer an excellent! Security by Your Own Device!”

Keypasco has applied for several new patents during the development of the authentication solution. This is a part of Keypasco’s on-going strategy to offer cutting-edge technology that provides constantly updated security to its clients and customers.

 

About Keypasco
We are at the heart of our rapidly changing digital culture. As with all paradigm shifts, there will be new challenges. Some of the largest challenges with cloud services are security and integrity, crucial factors for success and sustainability. With more than 20 years of individual experience in IT security, Keypasco’s founders are the minds behind some of the revolutionary two factor authentication technology solutions used today. We deliver on society’s expanding needs for personal authentication services, identity protection, and secure tasks. Keypasco’s vision is to be a leading vendor of online secure authentication. For more information, visit www.keypasco.com, email info@www.keypasco.com or contact us at +46-31-102360.

Link to the official english PDF version of the press release.
Länk till det svenska pressmeddelandet.

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