OctatcO (CEO Yoo Mi-young and Lee Jae-sun) is determined to make 2021 the first year of expanding strong biometric authentication without passwords in various fields based on proven technology and know-how.
The following is an interview with Yoo Mi-young and Lee Jae-sun, co-chairmen of OctatcO.
■ The results of the OctatcO project in 2020
Corona Pendemics was a year of great changes throughout society in 2020. OctatcO has been especially busy this year, providing safe online certification, including non-face-to-face work environment certification, smart office certification, and cyber security certification.
In 2020, OctatcO made efforts to become an official global vendor of FIDO certification that can secure service certification, including Microsoft’s Azure Cloud and MS365, and is now in the final stages. Starting from 2021, it will be able to provide safe FIDO biometric authentication to MS customers around the world.
It is evaluated that it was a year that advanced the era of ‘Passwordless’ that worked with global technology companies such as Microsoft, Google, Citrix, Salesforce, and Thales to link OctatcO’s strong biometric authentication.
■ Introduce key products
OctatcO’s powerful biometric authentication solution complements the certification of people who are overlooked in the current authentication technology through the technology called biometric recognition and combines it with FIDO authentication technology, the next-generation global standard certification technology, to provide the safest and most convenient authentication technology.
It provides not only hardware security keys such as FIDO fingerprint authentication USB security key and card-type FIDO NFC fingerprint but also solutions that provide non-face-to-face smart office authentication as turnkey. The existing weak password authentication is strong security, and biometric authentication that certifies in one second increases the productivity of the organization and provides customer satisfaction.
■ The market outlook for OctatcO’s flagship business in 2021
As many experts predict, life after Corona 19 is expected to be much different from the present, and safe certification in non-face-to-face work and living conditions is at the core of digital transformation.
Therefore, the demand for robust and convenient certification is expected to increase across all sectors. OctatcO established references in various fields in 2020 and plans to further expand them in 2021 so that more organizations and individual customers can have a passwordless authentication experience.
■ Domestic and foreign business strategies and goals for 2021
2021 is the first year to expand strong biometric authentication without passwords in various real areas based on proven technology and know-how.
First of all, the company plans to introduce smart authentication solutions specialized in hospitals to further expand solutions that safely and conveniently certify anywhere such as telecommuting, teleworking, and head office work, and will do its best to create a large ECO system by strengthening partnerships so that passwordless authentication can be easily used in any computing environment through sales with domestic and foreign partners.
Password authentication, OTP authentication, and card authentication, which we use every day, are certified using numbers, codes, letters, special symbols, etc. Certification is based on the assumption that the registered person and the person who uses it are the same, but the current authentication technology only checks the symbols such as numbers and letters, but lacks the technology to identify the person.
If authentication technology that identifies people combines with strong encryption authentication technology and combines with standard technology, I think services that can increase people’s benefits with safer authentication technology will be more easily developed.
In cooperation with partners who will join in further expanding this safe and convenient authentication technology, OctatcO is ready to collaborate in a serious manner. I ask for your cooperation and support in creating a new world of certification.
★ Information Security Representative Media DailySecure!★