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 APG8202 PINhandy 2 OTP Generator addresses such needs.
APG8202 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. APG8202 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 APG8202 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 input of the same login details that makes them prone to emerging fraud attacks like Card-not-Present (CNP) and Man-in-the-Middle attacks.
Supports OTP (One Time Password), Challenge-response and Transaction Data Signing Modes
Operates in Standalone Mode (Powered by 2 CR2032 batteries)
Intelligent Battery Management for a Life Expectancy of 5 Years (depending on usage)
Supports Full-sized Microprocessor Cards
Value-Added Calculator and ePurse Function
Key Symbol on LCD to Recognize SPE Mode
Durable Tactile Keypad with 20 Silicon Rubber Keys
Graphical LCD with Alpha-numeric and Multiple-language Support