IT services provider ii2P has launched a USB-based password management device. Called MyLOK, the tool enables users to protect their password and login information through encryption and PIN-based recovery.
The device enables password management through a USB drive embedded with a Multos smart chip. Two-layer authentication is necessary to access the login information and is supplied through using the device and a PIN. When the device is compromised, the smart chip self-destructs. An optional random generator adds another layer of security.
MyLOK can manage login information for internet, intranet and desktop applications. Currently, it is compatible with PCs and Window OS tablets, as well as Internet Explorer and Firefox Web browsers. The USB drive is pre-loaded with secure versions of the Web browsers if users are accessing the Internet through an untrusted source.
ii2P intends to release versions of the device that will be compatible with Macintosh and Google Chrome.