Two factor authentication solution provider SecurEnvoy will introduce a prototype of a new NFC-based OneSwipe authentication tool, which claims to make password useless.
The new tool is built upon new near field communication (NFC) of Windows 10, which will allow users to authenticate their identity just by tapping their smartphones, instead of remembering lengthy passwords.
At first users will have to select the account they want to activate, then enter a four digit pin and tap their Windows smartphones against any Windows 10 enabled tablet or PC, to activate the account.
The process will automatically launch the chosen URL in the browser and automatically logs into the account.
The company’s present OneSwipe technology uses a onetime QR code, which is generated every thirty seconds on a user’s device, and instead of NFC, users have to show the code to a forward facing camera on a computer to get access to the account.
SecurEnvoy highlighted that the new tool is as strong as the company’s present two-factor authentication suite.
SecurEnvoy said that all OneSwipe users would be upgraded to the latest NFC based technology when it rolls-out to different platforms.
SecurEnvoy co-founder Steve Watts said: "As cybercrime reaches endemic proportions and computing power doubles every two years, the humble password, however elaborate, is now alarmingly susceptible to a brute force attack.
"We’ve recognised that whilst two-factor authentication as it currently exists eliminates the flaws of the traditional password, without simplicity it will never truly replace it.
"That’s why we’ve created OneSwipe with NFC capability. A pin. A tap. And you’re in. It’s that simple.
Initially, the technology will only be available to Windows users but later this year the company plans to provide the technology to Android and iOS users.
The company will demonstrate the technology at the RSA Conference in San Francisco to be held between 20-24th April.
