الوصف

The banking sector is one of the most targeted victims of fraud-related incidents that have emerged along with the advancement of technology. These attacks, often performed by hackers and/or phishers by stealing confidential information through increasingly sophisticated methods, generate huge losses and cause distress and worry among end-users. However, these incidents can be prevented by employing certain measures needed to strengthen system security. In this regard, the APG***2 PINhandy 2 OTP Generator addresses such needs. APG***2 PINhandy 2 is an addition to the reliable dynamic password generator line of ACS. Portable and economical, this device operates on a purely standalone mode. Because of this, exposure of sensitive information in the card is limited to the device. APG***2 uses a two-level authentication process requiring cardholders to insert their EMV cards into their respective devices and enter their PIN code using the built-in PIN-pad. After a successful verification, it generates a dynamic one-time password that can only be used once to securely perform several online transactions like online shopping and e-banking.

The APG***2 is capable of One Time Passwords, Challenge-Response Authentication Codes, and Transaction Data Signing (PKI digital signatures) based on EMV cards’ security keys. It is also compliant with major banking, computing and safety standards such as Mastercard® CAP and PLA, VISA DPA and EMV Level 1. It facilitates security in applications by allowing users to generate a one-time password that substitutes for the repetitive of the same login details that makes them prone to emerging fraud attacks like Card-not-Present (CNP) and Man-in-the-Middle attacks.