Mobile applications have transformed how Filipinos communicate, shop, finance, and do business in the Philippines. With a developing digital economy and ranking fifth globally in app downloads, the Philippines has seen an increase in mobile app adoption across various industries. According to a report by the Philippine National Police Anti-Cybercrime Group, cybercrime cases in the country increased by 80% in 2020 compared to the previous year, and according to Statista, the number of smartphone users in the Philippines is expected to reach 40.9 million by 2023, accounting for a significant portion of the country’s population.

V-OS App Identity has numerous significant advantages that make it an essential solution for businesses looking to improve their Zero Trust Strategy. It removes the need for external authenticators by providing a self-contained secure element for every mobile app. This not only improves security but also improves the user experience.

V-OS is a virtual operating system that is used on more than 200 million devices worldwide. It is designed to provide a secure environment for apps, servers, and other endpoints in a system so that sensitive data remains protected at all times. One of the key features of V-OS is its ability to provide a secure element bound to every app, which serves as proof of the app’s identity and integrity. 

The V-OS Biometrics is a unique smart biometrics solution that helps enterprises, governments, and API partners secure authentication and authorization mechanisms on mobile. It provides instant face biometric authentication that can be used to quickly authenticate users during onboarding or enable as a step-up function for high-risk transactions. By combining V-OS eKYC with V-OS Biometrics, the V-OS Biometric Identity Mobile SDK provides an out-of-the-box, streamlined identity verification and solution.

Security is a major concern for both individuals and corporations in today’s digital age. One of the most common methods used for two-factor authentication is the use of hardware OTP (One Time Password) tokens or OTP delivered via SMS.

SMS OTPs have been proven to be insecure, prone to interception and phishing attempts. Hardware tokens are expensive to deploy, can be lost or stolen, are inconvenient to use, and must be replaced on a regular basis.

In today’s digital world, mobile devices have become an essential part of people’s everyday lives. They are used for communication, entertainment, employment, shopping, and a variety of other purposes. As people become more reliant on their mobile phones, the possibility of cyber-attacks and data breaches grows, and having a mobile app protection solution can keep our personal and sensitive information secure.

Last weekend, I forgot my wallet as I took my daughter out to the mall. I realized this as we were in a cab halfway to our destination. A few years ago, this would have been a disaster, as retail financial transactions were only possible using cash or credit/debit cards.

Thankfully, I had my mobile phone with me. As long as I had an internet connection, I really didn’t need to actually have my physical wallet.

Get an in-depth look at the technology behind V-Key’s world-class, digital security solutions.

V-Key’s CTO Er Chiang Kai and his team have released an updated whitepaper detailing a comprehensive overview of V-Key V-OS and the various product families that complement it: This whitepaper covers the following:

New research by V-key shows that most apps used for mobile authentication have serious vulnerabilities, even if hardware security is used. V-Key has discovered a general flaw (named the “Trust Gap”) in these apps’ architectural design which hackers can exploit using malware to illegally obtain a target’s authenticator keys. This enables bad actors to make unauthorized transactions or sign bogus documents, opening up a digital service to account takeovers, data leakage, fraud or worse. This is an insidious and sophisticated attack as the targeted authentication app doesn’t even need to be running or be tampered with to be compromised.

V-Key has been recognized amongst 6 vendors in the IoT Security category in the 2021 Gartner Hype Cycle report for Identity and Access Management.

The Hype Cycle Report is an annual report that allows organizations to identify and make informed choices when looking for trusted, future-proofed solutions to adopt.

V-Key announced today the launch of a global Digital Trust Platform that allows businesses to deliver new and trusted digital solutions more effectively to their customers through it.

The Digital Trust Platform provides a security foundation on which companies can build a range of Digital Identity services for Mobile and IoT devices with the same security foundation that V-Key delivers today for banking and government customers.

Take a glimpse of V-Key’s Trusted Identity Solutions available on the cloud! This may just be your answer to securing your digital solutions.

V-Key announces a strategic collaboration partnership with Scytáles based on their diverse but complementary capabilities within mobile authentication and validation of an individual’s digital identity.

Both companies are worldwide recognized technology leaders and frontrunners respectively with pioneering products and services enabling the highest standards of mobile identity security that will serve as a backbone in an increasingly interconnected digital economy.

There are some aspects of mobile apps that make RASP for Mobile Apps different from RASP in general. We first describe RASP in general, and then zoom in to RASP for Mobile Apps. In this whitepaper, we deep dive about RASP for mobile apps and V-Key’s V-RASP, V-RASP+ and V-RASP++, a mobile-first solution specifically designed for mobile app protection.

With the spate of remote working regime due to Coronavirus pandemic, the reliance and growth for video conferencing platform has been exponentially escalated. However, most mobile apps today are nowhere near as secure as we would like them to be.

V-Key launches its V-OS Trusted Identity Services in world’s largest Cloud marketplace, offering Enterprise-grade security to everyone.

V-Key announced an agreement with Ingram Micro Cloud, to roll out its internationally acclaimed V-OS Solution progressively in seven Ingram Micro Cloud Marketplace across Asia Pacific. V-OS Trusted Identity Services refer to the Cloud-based Identity as a Service (IDaaS) offerings for mobile security and Authentication technologies. Until recently, these solution have traditionally been offered as on-premise solutions for large enterprises, and this collaboration hopes to enable SMEs to seamlessly deploy Enterprise-grade security to protect Digital Identity.

Crunchfish AB (“Crunchfish”) announces today that the company has entered into a Marketing & Technical Partnership Agreement with V-Key Pte Ltd (“V-Key”) regarding identifying and developing joint offerings of each party’s software product in relation to Crunchfish’s patent pending Offline Wallet. 

V-Key is proud to announce that our V-OS is the world’s first Virtual Secure Element to obtain Common Criteria EAL3+ certification on iOS and Android.​

V-Key announced that V-OS, V-Key’s core patented technology, is the world’s first virtual secure element to receive a Common Criteria Evaluation Assurance Level (EAL) rating of 3+, derived from the U.S. Government’s Protection Profile for General Purpose Operating Systems.

How to survive a hacking attack? Do you have confidence that your mobile app will emerge victorious or the hacker will have a great bounty? Mobile security is everyone’s top priority and making the right choice is critical. Here are 10 questions to evaluate your mobile security system.

TONIK chooses V-Key’s V-OS App Protection on V-OS Cloud to secure their first pure-play Digital Bank in the Philippines

With mobile being the future of everything, most companies seek to digitalise their offerings to end-users in order to ride the tides of the ongoing digital trend. And while most businesses and institutions have taken the step towards digitalisation on mobile, cyber threats on mobile devices are still very prevalent.

SIM swap scam (also known as SIM jacking, SIM splitting, or Port-Out scam) is a type of account takeover fraud that exploits the weakness in conventional methods of two-factor authentication/verification. More often than not, this attack is used for applications that require an OTP verification to be verified via an SMS text or via a call by the end-user.

Hooking is a term for a range of code modification/tampering techniques that are used to change the behaviour of the original code running sequence by inserting instructions into the code segment at runtime.

Find out from this whitepaper why it is critical to understand the process of a hooking attack and how you can mitigate such attacks on your mobile device.

COVID-19 has pushed the majority of the world’s workforce to exercise the largest work-from-home movement.

Local deep-tech SME, V-Key, participates in an initiative led by SGTech and jointly with IMDA to provide secure 2FA Cloud authentication solutions.

With COVID-19 on the minds of many, we want to take a moment to personally update you on the steps we are taking at V-Key to ensure the continuity of our business and support functions of our customers. 

Functions that detect jailbroken/rooted devices are most commonly added to transactional mobile applications, serving as the most basic defense against threats. However, this is nothing but a drop in a bucket.

Following the Ingram Micro Comet Competition ASEAN & HK region where V-Key partook and emerged winner, Ingram Micro honoured V-Key as leading ISV.

Razer Fintech’s digital bank will be the first global youth bank, namely, the Razer Youth Bank for youth and millennials. Along with the bid, V-Key was announced as one of Razer Fintech’s technology partner.

Today as GATES ICT Channel Summit comes to an end, V-Key was crowned GATES Gold Special Award for Innovative Solutions for Vendor by live voting.

Competing alongside 14 other innovative companies in the competition, V-Key emerged Winner of the Ingram Micro Comet Competition ASEAN & HK region, walking away with $100,000 in GTM funding. Amongst the other runner ups were Arcstone, DataMesh and Taiger.

On 26th July, V-Key had the privilege of hosting the Deputy Prime Minister of Singapore, Mr Heng Swee Keat, and a group of esteemed guests in our Singapore headquarters.

V-Key, a leading provider of internationally-acclaimed digital security solutions, was named as one of the top 3 firms in the inaugural “Fastest Growing Companies in Singapore” conducted by The Straits Times and Statista.

Razer Pay and V-Key inked a Memorandum of Understanding (MOU) to foster strategic collaboration over digital identity and e-payments.

As Paidy, a Japanese payments company providing instant post-pay credit service expands their payment offerings and merchant touchpoints, they recognized the need for a fast and seamless payment experience. V-Key’s pioneering mobile security technology gives the Paidy team the confidence that they are future-proofing their mobile strategy and ensuring the integrity of their consumers’ data.

A partnership agreement just signed between V-Key, with its patented Virtual Secure Element, and Ailleron, the owner of LiveBank, which offers cutting-edge technologies, will bring a new dimension to digital bank onboarding worldwide.

V-Key partners Assurity to bring convenience to security

Singapore-based V-Key works with global payments and e-commerce companies, banking and financial institutions and government bodies to protect the personal and financial data of their mobile customers.

Boosting collaboration will help build vibrant ecosystem where innovation will drive economy

Continuous partnerships with institutes of higher learning give V-Key Pte Ltd easy access to talent for future growth

Ant Financial Services Group (Ant Financial), operating company of Alipay, and existing investor venture capital firm, IPV Capital, make a USD12 million Series B investment for a minority stake in V-Key.

Welcome to our Series of Explainer Videos entitled #TrustSimplified where we aim to simplify our technology and business value into 5 bite-sized videos.

Recognizing that existing mobile software protections are insufficient against today’s cyber threat landscape, we take a closer look at the main types of software protections in the market.

Virtually every computing device in the world is made unsafe by the latest disclosures on Central Processing Unit (CPU) vulnerabilities. Find out how the virtual secure element technology is protecting millions of mobile application users against such vulnerabilities.

There has been a recent surge in Android malware abusing Android Plugin Frameworks for malicious behavior. DroidPlugin, Parallel Space and VirtualApp are several plugin frameworks that have been abused by malware in recent months to spread Android malware.

Have financial institutions accepted a status quo that sacrifices user experience for increased security? With mobile digital identity quickly becoming central to an entire suite of online services, those who challenge the status quo will set themselves up to prosper and grow. Read more to find out three oft-ignored areas of research.

Slightly over a year into our partnership with UOB, we checked in with Dennis Koh, First Vice President of UOB. He shares with us how V-Key has worked with UOB to secure UOB Mighty; as well as upcoming plans for further enhancing the mobile security experience for UOB’s customers.

V-OS is the world’s first virtual secure element. Cryptography plays a dual-role in these; to secure and manage the secrets kept within V-OS, and to provide a lightweight yet comprehensive cryptographic library.

V-OS is the world’s first virtual secure element, a software solution with security built into the firmware code. These include secret cryptographic parameters and data, which need to be randomly generated and securely persisted, and are then transformed into code and data files.

From banks to government agencies, many organisations are intrigued by and exploring software security solutions such as mobile tokens and mobile identity systems for individual identification, authorisation and authentication.

Banks in Southeast Asia should look towards software-based biometrics as the way forward to navigate the regulatory differences in the region and secure their customers’ transactions.

As technology evolves, banks and financial institutions have no choice but to innovate. However, when it comes to security, many still rely on traditional, costly methods.

Safe, convenient and simple.

With global cumulative investment in financial technology (fintech) forecast to exceed US$150 billion in three to five years, economies around the world are vying to attract fintech innovators and cash in on this growing industry.