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Future Technology Launches OTP Security Solution 'Griffin Tower 3.0'

Preferred source on GooglePublished2016.09.07 14:42
'Griffin Tower 3.0' and 'FIDO Combined OTP Product' to be launched

Mirae Technology announced the launch of its OTP security solution, ‘Griffin Tower 3.0’. Griffin Tower 3.0, an OTP security solution that is gaining attention in the corporate and public security fields, has added enhanced security features due to changes in authority management, batch processing, self-service, and mobile OTP distribution.

Mirae Technology supplies various OTP products, including token-type OTP, card-type OTP, voice OTP for the visually impaired, credit card-linked OTP, transaction-linked OTP, smart OTP, mobile OTP, and TZOTP, a technology that implements OTP in the trust zone, which is the security area of the smartphone central processing unit.

In addition, the company is also making its mark in the corporate and public markets by supplying its OTP security solution Griffin Tower to financial institutions including Korea Electric Power Corporation, Korea Information and Communication, Financial Security Institute, Dongseo Power, SBS, Korea Gas Corporation, S-Oil, and Lotte Mart.

Jeong Gyun-tae, CEO of Mirae Technology, said, “The foundation has been established to secure a solid upper hand not only in financial institutions, which occupy the majority of the domestic OTP market, but also in rapidly growing corporations and the public sector by expanding the supply of OTP products.” He added, “Recently, we have applied for a patented technology related to FIDO+OTP that integrates biometric information such as FIDO (Fast Identity Online) fingerprints, iris, voice, and facial recognition, and we plan to launch a new OTP product.”

In addition, Mirae Technology announced that it plans to actively participate in the ICT business by devoting its efforts to the development of an authentication security platform essential for the IoT era and an authentication security platform for vehicles in order to expand the authentication security market.
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신윤오 Reporter

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