Online and Digital Identification, Securing Web 2.0, PKI and Digital Certificates

Startup aims to change encryption key management

Thursday, February 16, 2012

WWPass, a security startup in Bedford, N.H., has new ideas for how users should authenticate themselves for Web access and data security.

As reported on InfoWorld, WWPass has developed a token called the PassKey, which users on supporting Web sites can cryptographically authenticate themselves. It differs from other tokens in that the encryption key management is user-driven, rather than known by either WWPass or the site. The SSO authentication can also work with applications and services.

Users can securely store data through another WWPass service called Personal Secure Storage.

The product has been three-years in the making, yet no Web sites currently support its technology.

The PassKey will be available in many forms, including USB fobs, cards, smartphone apps and with NFC on smartphones. WWPass plans to sell the PassKey for $29.95 and charge service providers $5 per 1,000 authentications to support the product.

Read more here. [end] 

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