Sensestone Supplies iPhone-Supported OTP Technology
Published2021.10.20 12:25.jpg)
Sensestone is garnering attention for contributing to enhanced customer convenience and security by being the first in Korea to apply contact-based OTP technology compatible with iPhones, thereby simultaneously resolving identity verification and additional authentication procedures through mobile phone card tagging.
Sensestone (CEO Yoo Chang-hoon), an authentication security technology startup, announced on the 20th that it will supply 'Switch OTP,' a card contact-based OTP authentication technology that can be used on iPhones for the first time in Korea, to Toss Bank, an internet-only bank.
Sensestone’s Switch OTP is a technology that generates an OTP code in real time simply by tagging the back of a mobile phone. It combines user convenience with robust security features and is considered the most advanced form of OTP solution currently available. It has now been integrated into the Toss Bank check card, allowing Toss Bank app users to utilize high-value transfer services simply by tagging their check card to their mobile phones.
Switch OTP utilizes Sensestone's proprietary technology, OTAC (One-Time Authentication Code). By utilizing Near Field Communication (NFC) technology, users can tag a card on the back of their mobile phone to perform identity verification as well as secondary authentication for high-value remittances and transfers all at once while using financial services.
Unlike mobile OTPs widely used by domestic financial institutions, it does not require the input of a PIN number. While existing OTPs are used only for secondary authentication after ID/PW or biometric login, the OTAC applied to Switch OTP enables unique user identification and eliminates the possibility of code duplication with other users, allowing for unrestricted use of financial services with only primary authentication.
Furthermore, the issue has been resolved to allow the use of Smart OTP even on iPhones, where it was previously impossible to use. This is a first for the industry achieved by Sensestone, and it enables iPhone users who have previously struggled with using Smart OTP to use internet banking services more safely and conveniently.
"We are very pleased to introduce financial services equipped with Switch OTP, based on OTAC, Sensestone's world's first unidirectional dynamic authentication technology, at Toss Bank, which is leading digital financial innovation," said Yoo Chang-hoon, CEO of Sensestone. "We look forward to contributing to the authentication of various financial services as well as the development of new businesses based on a closer partnership with Toss Bank."
관련뉴스
Senstone Targets the Global Authentication Security Software Market
Senstone is launching its all-in-one authentication security SDK (Software Development Kit) 'swIDch Auth SDK', which was introduced to the domestic market in March, into the global market, including the United Kingdom.
2021.06.17by 강정규 기자
.png)
Databricks Unveils Open AI Security Monitoring 'Lakewatch'
Databricks entered the security market on March 24 by unveiling LakeWatch, an open-source agentic SIEM. The core functionality of this product is to integrate and analyze security, IT, and business data in a single environment to support AI-based threat detection and investigation. The company explained that it reduces the limitations of existing security operations centers, which have had to forgo some data due to high cost structures, and enables large-scale data analysis and automation based on open formats and ecosystems. LakeWatch is currently offered as a private preview, with Adobe and Dropbox mentioned as early customers. Databricks also announced an expanded partnership with Anthropic as well as the acquisition of Antimatter and SiftD.ai.
2026.03.26by 배종인 기자
Kaspersky Unveils Revamped 'NEXT' Combining SOC Integrated Management and AI Analytics
As enterprises increase demand for integrated management and automation in the construction and operation of Security Operations Centers (SOC), Kaspersky has disclosed updates to its B2B security product suite 'Kaspersky Next'. This update expands EPP, EDR, XDR, and SIEM integration through a single console based on OSMP, incorporates AI capabilities such as DLL hijacking detection and suspicious account takeover behavior identification, and includes integration with generative AI assistant tool KIRA. The company stated that in large-scale deployment environments, EDR Expert can reduce resource requirements by up to 30%, and XDR Expert by up to 60%.
2026.03.25by 배종인 기자
Samsung Electronics Smart Monitor Acquires First International Certification… Expanding Application Scope Following TVs
삼성전자가 2026년형 스마트 TV와 스마트 모니터에 적용한 보안 솔루션 ‘삼성 녹스’로 국제 공통평가기준(CC) 인증을 받았다. 스마트 TV는 12년 연속 인증을 이어갔고, 스마트 모니터는 이번에 업계 최초로 인증을 획득했다. 이번 평가는 커널 무결성 모니터링, 피싱 사이트 차단, 비인가 실행 방지 등 핵심 기능을 중심으로 이뤄졌다. 회사는 TV를 넘어 모니터까지 보안 인증 범위를 넓히며, 연결 기기 확산에 따른 개인정보 보호 요구에 대응하겠다는 방침이다.
2026.03.25by 배종인 기자
Teori Selected as AI Voucher Supplier… Supplying LLM Security Solutions
Cybersecurity company Theori has been selected as a supplier for the 2026 AI Voucher Support Program. The company plans to address information leakage and regulatory compliance issues that arise during generative AI adoption through its LLM security solution 'AlphaPrism'. The solution is designed to analyze the context of prompts and source code to identify sensitive information such as personal data and authentication keys, and to continue AI utilization through masking methods rather than simple blocking. The government's AI Voucher Program supports demand enterprises with up to 200 million won per project for solution purchase costs. Based on recent application cases at POSCO DX, Theori plans to respond to expanding demand for enterprise AI security.
2026.03.24by 명세환 기자
