CONTACTLESS OTP MANAGER
NFC device for contactless OTP token management (HOTP & TOTP)
Contactless OTP Manager (NFC Hardware Token Management) OTP (One Time Password) or PIN (One Time Authorisation Code) or OTAC dynamic password, is a password valid only for a single login session, transaction, on an information system or computer system. The OTP is notably used as a two-factor authentication (2FA). It makes it possible to secure the use of static passwords that can be stolen. The user of the static password is asked for a code generated by the OTP to confirm authentication. The user has an OTP device to generate the codes associated with the accounts where their static passwords are used.
OTP is an additional protection to traditional passwords. However, OTPs can be intercepted or redirected, and hard tokens can be lost, damaged or stolen. Many OTP systems must be implemented in a rigorous and highly secure manner to prevent attackers from discovering the password in order to impersonate its user.
An OTP code is a one-time use code. You will be asked for a new one each time you log in with your traditional password. So if the latter is stolen by a cybercriminal, he will have to provide your OTP code. The OTP code is in your pocket, in an EviCypher NFC device that manages OTP tokens. This makes it physically impossible for a cybercriminal to steal your OTP code.
Contactless OTP Manager is an NFC device that offers its user the possibility to access contactless OTP codes and static passwords in seconds via an NFC-enabled Android phone.