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Government Security

Singapore launches universal authentication token

By Richard Pain | 13 December 2011

Singapore government has launched a new universal token, as part of the National Authentication Framework.

The token, called OneKey, is managed by a subsidiary of Infocomm Development Authority of Singapore (IDA), the statutory board which functions as the country’s infocomm industry champion, the national infocomm master-planner and developer, and the Government Chief Information Office.

OneKey comes in the size of a business card and has a keypad on it. The token generates a password to enable two factor authentication (2FA). The device also allows for challenge response and transaction signing, requiring users to enter an account number and transaction amount before a password is generated.

The government 2FA system is designed to replace the multitude of tokens issued by individual service providers such as banks and securities firms. The integrated authentication process means that users do not have to carry multiple tokens.

Assurity Trusted Solutions, the IDA subsidiary which manages the token system, says that ‘it will only be a matter of time’ for government agencies to sign up and use the system. Currently, three companies have adopted OneKey, including brokerages Philip Securities and Kim Eng Securities, and ST Electronics, the company which developed the system.

It is reported that a number of financial, government and education organisations are conducting tests on OneKey.

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