Increasing the ROI of your HSM Infrastructure: One-Time Password Generation
Have you considered all of the functions that your hardware security module can fulfill? An HSM is a significant purchase that should not be taken lightly, but if you consult industry professionals during your decision process, you can ensure a significant return on your investment. A hardware security module can easily integrate into your current infrastructure and considerably increase the security of your IT environment. In our whitepaper, Increasing the Return on Investment of Your Hardware Security Module, we help you develop a holistic plan for tailoring your HSM’s functionality to your business’s needs. This blog post will take a look at one of the HSM’s many capabilities.
The password is a constant source of frustration for anyone who works with information. Bad passwords are easy to remember—good passwords are hard to remember and must frequently be changed to protect sensitive information. If a business has any kind of online presence, then it has an even stronger need for effective password protection. Plenty of information already exists on how to create a strong password, but security can be further improved by using the one-time use password, or throwaway password.
One-time use passwords have many advantages. Since the password is invalid immediately after it has been used, it is of no value to hackers. For the same reason, one-time use passwords defend against keylogging (recording the keys struck on the keyboard) and replay attacks (repeating data transmissions).
Hardware security modules like the Futurex Excrypt SSP9000 provide a secure and convenient way to generate one-time passwords. The random number generation used for the passwords takes place inside the secure cryptographic environment of the HSM, which means the passwords cannot be hacked or tampered with.
If your organization has a need for one-time password generation, you may benefit from expanding the usage of your Futurex HSM. For more information, request a copy of our whitepaper or contact one of our Solutions Architects for a customized solution.