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!
Putting food-safety detection in the hands of consumers
15.11.2018 | Massachusetts Institute of Technology
Next stop Morocco: EU partners test innovative space robotics technologies in the Sahara desert
09.11.2018 | Deutsches Forschungszentrum für Künstliche Intelligenz GmbH, DFKI
Researchers at the University of New Hampshire have captured a difficult-to-view singular event involving "magnetic reconnection"--the process by which sparse particles and energy around Earth collide producing a quick but mighty explosion--in the Earth's magnetotail, the magnetic environment that trails behind the planet.
Magnetic reconnection has remained a bit of a mystery to scientists. They know it exists and have documented the effects that the energy explosions can...
Biochips have been developed at TU Wien (Vienna), on which tissue can be produced and examined. This allows supplying the tissue with different substances in a very controlled way.
Cultivating human cells in the Petri dish is not a big challenge today. Producing artificial tissue, however, permeated by fine blood vessels, is a much more...
Faster and secure data communication: This is the goal of a new joint project involving physicists from the University of Würzburg. The German Federal Ministry of Education and Research funds the project with 14.8 million euro.
In our digital world data security and secure communication are becoming more and more important. Quantum communication is a promising approach to achieve...
On Saturday, 10 November 2018, the research icebreaker Polarstern will leave its homeport of Bremerhaven, bound for Cape Town, South Africa.
When choosing materials to make something, trade-offs need to be made between a host of properties, such as thickness, stiffness and weight. Depending on the application in question, finding just the right balance is the difference between success and failure
Now, a team of Penn Engineers has demonstrated a new material they call "nanocardboard," an ultrathin equivalent of corrugated paper cardboard. A square...
09.11.2018 | Event News
06.11.2018 | Event News
23.10.2018 | Event News
16.11.2018 | Health and Medicine
16.11.2018 | Life Sciences
16.11.2018 | Life Sciences