|
ORLANDO, Fla., (Aug. 21, 2006) --- G2iD,
an emerging technology firm based in Williamsburg, VA and with
its main sales office in Orlando, FL, announces G2iDProtect® a
revolutionary software centric, consumer online transaction security
system that provides comprehensive protection of passwords.
Eusebio Coterillo, chairman of G2iD, Inc. said the password protection
system offers unparalleled security for end users who make password
protected financial transactions online with banks, credit unions,
retailers and other enterprises by addressing the gaps in security
not addressed by conventional authentication systems.
Uniquely, G2iDProtect® focuses on
real-time security for the end user, Coterillo said.
“So far, no one has designed a security system that focuses on protecting
the privacy of the end user — the customer,” Coterillo said. “Typical
security systems focus on protecting the enterprise network, because that’s
where the big money is,” he said.
G2iD has been developing G2iDProtect® for more than
a year, designing real-time protection far different and more effective
than conventional protection systems being offered. Coterillo said G2iDProtect’s proprietary
technology is deceptively simple and revolutionary.
“One of the components G2iDProtect® utilizes, SecurInput®,
is a patent pending virtual keyboard that camouflages the end user’s keystrokes
by randomly generating additional keystrokes that are seen at the operating system
level and on the screen as actual keystrokes,” Coterillo explained. This
effectively protects the password against key logging spyware even in the event
that the user’s anti-spyware definition application does not detect the
key logger. Key logging software is used to monitor actual keyboard strokes,
mouse clicks and capture screen shots; SecurInput® camouflages the password
against each.
G2iDProtect® uses a revolutionary virtual one-time
password generator, AuthenticID®, which protects passwords
from man-in-the-middle attacks. It provides protection against
all forms of man-in-the-middle attacks, even those that traditional
two-factor authentication are susceptible to.
G2iDProtect® also addresses one
of the most prevalent problems plaguing e-Commerce – phishing.
It comes with an anti-phishing product, PhishPhinder®, which
allows users to verify in real time that a site is authentic and
not a front for a “phishing” expedition that steals
a user’s financial information.
Coterillo said the system is available now for financial Institutions
to deploy. “We are developing a pricing plan for banks, financial
institutions and the enterprise,” he said.
G2ID was recently accepted into the University of Central Florida
Technology Incubator.
* * *
For more information, contact
Eusebio Coterillo, G2iD, 407-620-4315, ecoterillo@g2id.com
Tom O’Neal or Carol Ann Dykes, UCF Technology Incubator,
407.882.0202
Larry Vershel or Beth Payne, LV Communications Inc. 407.644.4142.
About the UCF Technology Incubator
Since opening in 1999, the UCF Technology Incubator has helped
more than 80 emerging technology companies create over $200 million
in annual revenues and more than 650 new jobs with an average
salary of $59,000. As a result of this success, the UCF Technology
Incubator was recently named the 2004 Technology Incubator of
the Year by the National Business Incubation Association. Headquartered
in Research Park near the University, the Incubator is a true
collaboration in economic development between UCF, Orange County,
the City of Orlando, Seminole County, the Florida High Tech Corridor
Council and the Metro Orlando Economic Development Commission.
For more information, please visit www.incubator.ucf.edu.
|
