Known as a Trust Extension Device (TED), the TED consists of software loaded onto a portable device, such as a USB memory stick or a mobile phone. It is able to minimise the risk associated with performing transactions in untrusted and unknown computing environments.
“The problem is that trust is currently tied to specific, well-known computing environments,” says CSIRO ICT Centre’s, Dr John Zic.
“TED makes that trust portable, opening the way for secure transactions to be undertaken anywhere, even in an internet café.”
The concept behind TED is that an enterprise issues a trusted customer with a portable device containing a small operating system, as well as a set of applications and encrypted data.
This device creates its own environment on an untrusted computer and, before it runs an application, it establishes trust with the remote enterprise server. Both ends must prove their identities to each other and that the computing environments are as expected.
Once the parties prove to each other they are trustworthy, the TED accesses the remote server and the transaction takes place.
says Dr Zic.Focus groups run by the Centre for Networking Technologies for the Information Economy, funded by Australian Government, suggested developing a device to facilitate trusted transactions and provide authorised people with access to confidential and private information.
For instance, banks could use a technology like TED to provide authorised customers and employees with access to financial data, or conduct financial transactions over the internet.
“The idea is that the person or organisation issuing the device runs their own computing environment and applications within the TED,” says Dr Zic.
“Wherever you go, whichever machine you run on, you and the issuer can be confident both parties are known to each other, cannot engage in any malicious acts, and that the transactions are trusted.”
The CSIRO ICT Centre is currently calling for expressions of interest from parties interested in licensing the technology.
For information about business opportunities, contact Dennis Silvers at: Dennis.Silvers@csiro.au
Andrea Wild | EurekAlert!
Cloud technology: Dynamic certificates make cloud service providers more secure
15.01.2018 | Technische Universität München
New discovery could improve brain-like memory and computing
10.01.2018 | University of Minnesota
What enables electrons to be transferred swiftly, for example during photosynthesis? An interdisciplinary team of researchers has worked out the details of how...
For the first time, scientists have precisely measured the effective electrical charge of a single molecule in solution. This fundamental insight of an SNSF Professor could also pave the way for future medical diagnostics.
Electrical charge is one of the key properties that allows molecules to interact. Life itself depends on this phenomenon: many biological processes involve...
At the JEC World Composite Show in Paris in March 2018, the Fraunhofer Institute for Laser Technology ILT will be focusing on the latest trends and innovations in laser machining of composites. Among other things, researchers at the booth shared with the Aachen Center for Integrative Lightweight Production (AZL) will demonstrate how lasers can be used for joining, structuring, cutting and drilling composite materials.
No other industry has attracted as much public attention to composite materials as the automotive industry, which along with the aerospace industry is a driver...
Scientists at Tokyo Institute of Technology (Tokyo Tech) and Tohoku University have developed high-quality GFO epitaxial films and systematically investigated their ferroelectric and ferromagnetic properties. They also demonstrated the room-temperature magnetocapacitance effects of these GFO thin films.
Multiferroic materials show magnetically driven ferroelectricity. They are attracting increasing attention because of their fascinating properties such as...
The oceans are the largest global heat reservoir. As a result of man-made global warming, the temperature in the global climate system increases; around 90% of...
08.01.2018 | Event News
11.12.2017 | Event News
08.12.2017 | Event News
17.01.2018 | Ecology, The Environment and Conservation
17.01.2018 | Physics and Astronomy
17.01.2018 | Awards Funding