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Cybernexa, a company operates in the cyber-security domain, offering innovative Multi Factor Authentication (MFA) solution, termed CyLock, for online services. CyLock is a modern MFA solution that utilizes rich capabilities of smart devices, such as smartphones and tablets, to offer secure, user-friendly and cost-effective MFA to solve the authentication and authorization needs of enterprises. Existing solutions, such as hardware tokens/dongles, SMS OTPS, Soft OTPs etc. Are increasingly being compromised by sophisticated cyber-attacks such as Phishing, SMS malwares and many other social engineering techniques. Besides offering sub-standard security, traditional solutions have also proven to be cumbersome to deploy and administer, expensive as well as being un-friendly to use. CyLock employs advanced patented-pending Out-of-Band (OOB) secure channel communication to overcome these modern cyber threats - offering best-in-class security without the drudgery and cost of traditional 2FA. CyLock has 4 PCT patent-pending applications to date. Besides OOB authentication, CyLock offers novel and multiple modes of authentication to cater for different use cases and deployment scenarios, including- 1. Challenge-Response OTP for complete Offline OTP authentication. 2. Trusted In-mobile 'Auto Authentication' for seamless security and user experience. 3. Biometrics 4. Geo Fencing 6. Hardware secure element protection for sensitive data 6. On-premises as well as SaaS models The following are a few examples of the kind of applications can be protected by CyLock: 1. Websites such as Internet banking, financial portals etc. 2. Enterprise applications such Microsoft ADFS, RDP, SSH etc. 3. Cloud Infrastructure-as-a-Service machine logins.
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