KEYPASCO at RSAC Conference 2025

Posted on 2025-05-022025-05-02

RSAC Conference 2025, one of the world’s most prominent cybersecurity events, has successfully concluded in San Francisco, USA. KEYPASCO was honored to participate in this global event with a strong presence, featuring two exhibition booths: one within the Netherlands Pavilion and the other as a standalone KEYPASCO booth. Throughout the event, both locations attracted a […]

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Keypasco: Fighting Fraud with Next-Level Authentication

Posted on 2025-04-272025-04-27

Fraud and scams targeting online banking, e-commerce, and card-not-present (CNP) transactions are on the rise. Sweden had a nationwide Bank ID for all citizens for decades, the Central Bank of Sweden (Sveriges Riksbank), warned though in March 2024 that “Fraud is the fastest growing type of crime in Sweden”. In March this year, Osaka Prefecture […]

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Keypasco Showcases Cutting-Edge MFA Solutions at Convergence India 2025

Posted on 2025-03-262025-03-26

We are thrilled to share our incredible experience at the 2025 Convergence India exhibition! As a leading MFA solutions company, Keypasco had the honor of engaging with brilliant minds and visionary companies from various industries. Throughout the event, our team connected with top cybersecurity firms, innovative software solution companies, forward-thinking small finance banks, digital […]

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FBI and CISA Warn Against SMS OTP Authentication Amidst Escalating Cybersecurity Risks

Posted on 2025-02-042025-02-04

[Taipei, Taiwan] [2025.01.13] In the wake of what FBI officials have called “the worst hack in our nation’s history,” the Cybersecurity and Infrastructure Security Agency (CISA) has issued a stern warning against the use of SMS-based authentication codes, emphasizing their vulnerability to phishing and other advanced attacks. This announcement is part of a broader effort […]

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KEYPASCO Netherlands Office Grand Opening!

Posted on 2025-02-042025-02-04

We are thrilled to announce that Keypasco Europe BV has officially established its presence in the Netherlands! 🎊 On January 27th, we celebrated this significant milestone with our esteemed partners and industry professionals. The event was filled with inspiring conversations and meaningful exchanges. To add a special touch, we prepared a selection of […]

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North America * Taiwan Digital Day

Posted on 2023-09-182023-09-18

North America * Taiwan Digital Day hold in June 17th -18th, in Los Angeles, USA Institute for Information Industry (III) with Administration for Digital Industries(moda) joins hands with Taiwanese software companies to expand the North American market. Keypasco demos the most efficient MFA solution to all North American business associations to explore the cybersecurity market. […]

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Together Go Big event in Tokyo

Posted on 2023-09-132023-09-18

9/13-9/15 Together Go Big event in Tokyo, Japan Entrepreneurship mirrors a determined ascent, akin to a “Hot Air Balloon Through Skies.” Requiring courage, it pioneers environmental innovation and embraces technology. Powered and organized by Startup Island TAIWAN Project Office, “Together, Go Big. Startup Innovation Summit 2023” is the first large-scale event in Japan held by […]

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Lydsec Introduces Keypasco MFA to Taiwan Government, a Purpose-Built Zero Trust Network

Posted on 2023-01-112023-01-11

Lydsec Digital Technology Co., Ltd., a leading Multi-Factor Authentication (MFA) service provider, announced that its Keypasco MFA solution has obtained the “Government Zero Trust Network Identity Authentication Function” certification issued by Taiwan Government – National Institute of Cyber Security (NICS) in December 2022. This solution has also been adopted by NICS. With the high demand […]

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Device authentication

We offer a “token” for end users without the administration, logistics and hardware cost by using the devices the end users already own!

Security By Your Own Device!

The secure token is the identified device a user already carry, examples could be a smartphone, tablet, browser or a desktop/laptop computer.

Geographical locations

(geo-fencing)

Access is only allowed from locations that are approved, and the approved geographical location can be as large as a country or a continent, or just as small as a city.

We make sure that if a user moves from point A to B that they verify that it is indeed the true user who has moved.

2-channel structure

The Keypasco technology offers a strong authentication solution consisting of the Keypasco server (Borgen), one or several clients (Vakten), and a web channel.

The first channel sends information between the end user’s device/browser and the Internet Content Provider.
The second channel sends information between the end user’s device/Vakten client and the authentication server.

Then the verification of the end user´s attempt is done via the multi-factor levels of security. The Keypasco server verifies the device authentication, geographical location, micro proximity devices (optional), and the risk management.

Micro proximity

The micro proximity feature adds an additional level of security by appointing a dedicated micro proximity device. If this micro proximity device is not in immediate proximity to the Vakten for Desktop client the user can’t login or sign any transactions.

For an example: if device 1 is used to login to an account then device 2 (which is the micro proximity device) has to be within centimetres of device 1 to be logged in.

Risk management

Our risk management analysis feature provides a risk score for each attempt done by the end user. The risk score and it´s value is determent by indicators such as correct device, proximity of additional secure devices, Out Of Band verifications, geographical locations/geofencing, previous fraud and fraud trends etc.

This analysis is improved continuously and is an active part of the service to quickly mitigate new threats.

PKI Sign

The Keypasco PKI Sign feature is a dynamic feature that offers ICPs full support of PKI in a portable mobile device. The feature is based upon the core concepts:

a end users credentials, only known by the correct user,
a transaction can only be approved from the correct device,
a transaction can only be approved from an approved location.

We can guarantee by utilizing the PKI Sign that the signature is done by the correct user. Keypasco has invented (and patented) a new innovative way of using a users mobile device as a secure soft carrier of private keys.

An end users private key is divided into three parts: a client part, a server part, and a secret (PIN). The private keys can only be put together and sign a transaction if the end user has all three parts. The correct user is the only one who knows the secret to achieve the client part, and the server part is only achieved when the correct device and location has identified itself.

The feature does not require a Trusted Platform or a Secure Element, and Keypasco can provide the generating of keys, and verify the signatures if no established PKI CA is provided by the Internet Content Provider through an optional plugin.

Macro proximity

Access is only allowed from locations that are approved, and a user need to have his or hers devices within a reasonable distance of each other.

If the devices are too far apart (example: the distance between point A and point B) it will result in a weak macro proximity score.

GeoOTP

The Keypasco GeoOTP is a complementary mechanism for offline situations. This feature is suitable when a user is in a situation without network access.

The GeoOTP provides information about where the device is located and which device that is being used.

Local sign

Keypasco offers Internet Content Providers a way to provide user a option to sign transactions via the Desktop Client. The Vakten for Desktop client presents a window with the transaction details and asks the user to approve or deny.

This signature option is presented on the same Desktop device that initiated the attempt, but all the information is secured by the 2-channel structure.

Vakten™ Smartphone

The Vakten client is installed on the end users smartphone device to identity the device and location. This Vakten has two functionalities:

To send the device authentication and geographical location information to the Keypasco server Borgen,
and to receive tasks to confirm attempts, which is usually payment signatures or Out of Band recovery.

Supported platforms: Android & iOS.

The Keypasco server – Borgen™

The Keypasco server Borgen is self-scalable to handle any volume, and we offer a SLA on 99,999% uptime on the Cloud Server.

Borgen store the unique identifiers (made up by the device authentication, geographical location, micro proximity devices (optional), and the Risk management.) in the anticipation that an Internet Content Provider and the Vakten software send in an authentication and/or sign attempt.

When an attempt is received, Borgen match the sets of identifiers sent through the different channels with the saved ones.

The Keypasco Server Borgen is offered to be hosted in both the Clouds and On-premise as a Server License.

Vakten™ Browser

The Keypasco product Browser Vakten is an easy and quickly deployable product tailored as an entry level product on it’s own, but comes to it’s full strength in combination with the Keypasco client Smartphone Vakten.

It doesn’t require any installation procedure on client devices; it is instead an integrated part of the web layer of the Internet Content Provider’s web site by an embedded JavaScript.

The Vakten client is installed in the end users browser to identity the device and location. This Vakten has one functionality:

To send the device authentication and geographical location information to the Keypasco server Borgen

Supported platforms: Browsers (Internet Explorer, Chrome, Firefox, & Safari) on desktop (Windows, Mac OSX, & Linux) & smartphone (Android & iOS).

Vakten™ Desktop

The Vakten client is installed on the end users smartphone device to identity the device and location. This Vakten has two functionalities:

To send the device authentication and geographical location information to the Keypasco server Borgen,
and to receive tasks to confirm attempts, which is a local sign payment signatures.

Supported platforms: Windows, Mac OSX, & Linux.

Mitigated Threats

Phishing: Keypasco mitigates phishing by linking the user with a geographical location and the device authentication. A user’s username and password will not work from a wrong device or location.

Man in the Middle & Man in the Browser: Man in the Middle (MitM) and Man in the Browser (MitB) attacks are mitigated by Keypasco’s 2-channel structure and the Out of band secure notifications.

Malicious Virus Control (Viruses, Trojans, etc): Viruses, Trojans, and other infections can control or replicate an end user’s device. Keypasco mitigates these threats by offering Out of Band authentication, which enables a user to regain control of devices and accounts.

Theft/Robbery: In addition to virtual threats, physical theft of a device can compromise a user’s security.
With Keypasco’s proximity feature, a user’s account is safe even if a device is stolen.

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