Internet Banking 3.0 Towards a National Secure (and private) Internet infrastructure for Online Banking

Uniken Management Team Gopi Gopalan, Chairman of the Board Sanjay Deshpande, Chief Scientific Officer Dr. Pat Shankar, Member of Scientific Advisory Board Ajay Dubey, Chief Product Architect Nanjundeashwar Ganapathy, Chief Technology Officer Prakash Salvi, Chief Delivery Officer Vivek Saxena, Chief Business Officer Nilesh Dhande, Head of DEEKSHA

Uniken Innovation Center TruSite TM (Powered by REL-ID) A website authentication technology ENZEN TM (Powered by REL-ID) An end-to-end secure channel and authentication technology NWIRe TM National Website Identity Repository CARDSIGN TM (Powered by REL-ID) An online credit card authentication technology InSENSE TM (Powered by REL-ID) An intrusion prevention technology REL-ID TM A Distributed Mutual Authentication Technology DEEKSHA TM An e-Learning business enabler service ADAPT TM Ad-Sales Management Solution FUELCORE TM Aviation Fuel Management Solution PIE TM (π) Product Innovation and Engineering Service

Internet 1.0 and 2.0!

What’s wrong with the internet ? Invention TCP/IP Distributed communication infrastructure Invention of HTML Primary objective was to distribute and communicate information Invention TCP/IP Distributed communication infrastructure Invention of HTML Primary objective was to distribute and communicate information Invention of the browser Dot Com and ecommerce boom (and bust) Banking industry’s thrust on Internet Banking (the cost reduction drive) Birth of Cyber Criminals! (well, they were already there, the world awakened to the fact that they are there) Invention of the browser Dot Com and ecommerce boom (and bust) Banking industry’s thrust on Internet Banking (the cost reduction drive) Birth of Cyber Criminals! (well, they were already there, the world awakened to the fact that they are there)

NOTHINGS WRONG WITH THE INTERNET Its cheap… Its free (as in anyone can use it), its available (almost everywhere now) Anyone can create any website, put any content, on any server, with any IP address with NO GOVERNMENT CONTROL! Its democracy at its best! If anything is wrong it is the fact that its been used for something that it was NOT designed to be used for in the first place. The designers never said it is for doing secure communications

Anatomy of the Internet Infrastructure (The fundamental reason for fraud) Customers PC (Hardware and OS) Browsers Internet(work) [DNS, Routers etc] (Banks) Servers WHAT PART OF THIS IS UNDER THE CONTROL OF THE BANK?

Internet Map of the World

Would you connect your ATM to such a network? Why would you not allow your customer to browse the internet while he is withdrawing cash? BECAUSE YOU DON’T TRUST THE INTERNET. PERIOD. Now, in case of Internet Banking – add the users PC (hardware/OS) and the Browser to this list – and you will now visualize what one is dealing with!

Internet (Banking) 3.0 A Uniken R&D Viewpoint Uniken

The future From generalization to specialization (from public to private) –TV –Radio Internet would evolve to a specialized dynamic virtual private networks (layered on top of the underlying communication framework) Browsers (or web-application entry points) would specialize (Banking Browser, Gaming Browser, News Browser, etc) The PC would have the technology to dynamically (on demand) become an specialized secure appliance Mutual Authentication would be de facto standard in identity

Uniken’s Patented Technology Secure Browser Secure Desktop Insecure Customer PC Virtual User Access Device REL-ID SoftCard ENZEN 2FA Mutual Authentication + PIN Data Tunnel (RMAP Mutually Authenticated and Encrypted) SSL Pipe

Dynamic Private Network Layer X X X X Man-in-the-middle Session Hijacking Replay Attacks Phishing Pharming Man-in-the-browser Man-on-the-machine Pharming

TRUBANK 2 STEP BANKING

Step 1: Launch (from PC or USB) and Enter PIN

Step 2: Start Banking

Messaging Add-on (Optional)

National Secure (and Private) Infrastructure for Internet Banking

Thank You