SH: Hello. My name’s Stephen Howes from GrIDsure and what I’m going to present to you today, has the potential to vastly improve authentication security in every area of your life.
When we authenticate ourselves by logging into a computer, or buying something online, we use a fixed code, a pin number or a password. This is our secret, but the problem with these secrets is that every time you use it, you give that secret away. GrIDsure, however, is a revolutionary new technology and gives you the ability to generate a one-time password or a pin number, every single time you use it and it’s incredibly easy to use.
So, how does it work? The user simply selects a series of squares in a grid in a shape or a pattern of their choice. This becomes their shared secret, then, whenever they need to authenticate, they see a grid with random numbers in it. All they have to do is read off the numbers that are in their pattern positions and type them in. This gives them a one-time code. Next time, the numbers will be different and so the code will be different. Easy.
Let’s look at a few specifics. In a corporate environment, which often gives you strong one factor or two factor authentication for both internal and remote access, not only does this give you convenience, but this is one of the most cost-effective solutions available in the market today. In banking operations, GrIDsure will provide you secure access to your online accounts, allow you to make payments using GrIDsure’s two factor authentication and provide you secure access to ATM machines.
GrIDsure has the capability of upgrading chip and pin, providing greater security and a broader range of applications. For example, people with limited mobility can now tell a shop assistant their code, safe in the knowledge that their secret has not been compromised. The house-bound will enjoy a new era of secure online shopping and all web users will be able to use their card details online, secure in the knowledge that they cannot be compromised. Larger grids, or even speaking grids, can be provided for the sight-disabled.
GrIDsure can be deployed in many ways, providing scalable levels of security without adding complexity for the end user. We have sophisticated methods of combating man-in-the-middle and phishing attacks. We can even put grids on the backs of cards to help call central authentication. We believe, in short, that GrIDsure is nothing other than tomorrow’s pins and passwords that you could be using today.