User name and password are commonly asked for when logging on to a banking or e-commerce site. But Torotech wants to offer additional security and authenticate Digital DNA, or different pieces of a users hardware as well, according to a Techworld.com article.
The premise if that each individual piece of hardware, even the mass-produced equipment, is unique. USB memory token, mobile phones all have a unique profile that can be used to authenticate a transaction.
Mobilegov, a Franco-British firm that developed the underlying Digital DNA technology, says the system can identify individual devices of the same brand, model and capacity, using supposedly non-forgeable data such as serial numbers.
Using Torotech’s system, the first time a user logs onto a bank or retail site, it would take a fingerprint of one user-supplied hardware device, whether the PC itself or a peripheral. Each time after the user logs in, that device is needed to complete the authentication process.
Users who want to log on from different locations could use a peripheral device such as a mobile phone or PDA to authenticate. Digital DNA can work with a variety of devices, including removable storage but also network cards, Bluetooth modems, keyboards, monitors and other hardware.
Read more here.