Located in Richmond Hill ON Canada, PROTECTIA CORPORATION INC, a privately held company, is fully focused on online security and elimination of identity theft. The company has designed and developed the EnigmaKey, a unique (patent pending) technology for two factor mutual authentication. The system uses everyday hardware devices to provide an extremely high level of online security for enterprise, online services providers banking and e-commerce with exceptional ease of use. The EnigmaKey is a strong and cost effective authentication solution for users and companies wishing to eliminate the security weaknesses associated with usernames and passwords to manage people’s identity.
The increasing use of the internet by consumers for trade has made it an obvious target for by petty thieves up to organized crime. Retailers need to continue to invest and innovate in eliminating fraud if they wish to maintain customers’ confidenceAccording to a recent surveys,
Phishing attacks in the United States soared in 2007: 3.6 million people were affected and $3.2 billion was lost to these attacks, representing 40% growth over 2006.
The online service industry faces challenges when legitimate users share their credentials with friends and family enabling access to others that have not been legitimately subscribed. This not only requires more resources from the provider, it also erodes profits and impairs the providers potential business opportunities. The online industry continues to seek a solution that supports a personal, safe and secure login process, while at the same time is cost effective and to use.
PROTECTIA CORPORATION INC. provides an innovative highly secure, two factor authentication solution using hardware that users already possess. This enables users and providers to achieve the benefits of extremely secure authentication without the cost associated with traditional methods of using smart cards, OTP Tokens or Biometrics.