On the 23rd, the fintech security company ATON announced the official launch of its next-generation OTP authentication solution 'QuantumSafeOTP' to counter quantum computer threats.
QuantumSafeOTP was developed based on the Post-Quantum Cryptography (PQC) standard algorithm ML-KEM, adopted by the National Institute of Standards and Technology (NIST) in the United States. It protects data transmitted over public networks through end-to-end encryption and implements a level of security that is difficult to decrypt even with the computational power of quantum computers.
This product features OTP generation using a quantum random number generator and applies white-box cipher-based security media technology, which includes physical access blocking capabilities. It supports various authentication methods, including PINs, biometrics, and patterns, and allows users to choose between automatic generation or manual input based on policies. It can manage OTPs for multiple users on a single device, making it versatile for various environments, and its services remain accessible regardless of roaming or USIM changes.
ATON plans to expand QuantumSafeOTP beyond the existing financial sector into public institutional sectors, such as central administrative agencies and local public enterprises. This is based on the earlier experience of its mobile OTP passing the Ministry of Science and ICT's 'Rapid Confirmation System for Security Products.'
Ugilsoo, the CEO of ATON, noted, 'QuantumSafeOTP is a solution capable of responding to various fields requiring a high level of security, including finance, healthcare, and defense,' adding, 'We prepared it to meet market demand in line with the government's post-quantum cryptography transition policy.'