Virtual smart card solution offers improved security at an affordable price

[Ian W]

Virtual smart card solution offers improved security at an affordable price
Full article: http://betanews.com/2014/07/24/virtual-smart-card-solution-offers-improved-security-at-an-affordable-price/

"Traditional authentication methods like passwords are vulnerable to data breaches as well as being difficult to remember and manage. But although tokens and physical smart cards provide better protection they're expensive to implement and maintain.
 

Security company Wave Systems Corp has a new virtual smart card solution that emulates the functionality of physical smart cards or tokens, but offers greater convenience to users, lower total cost of ownership, and a reduced risk of unauthorized use.
 

It works by assigning virtual smart cards to users' devices from a central management server, using the Trusted Platform Module (TPM) security chip, built into most modern business PCs, as the security foundation for each virtual card."