SSenStone has solidified its position as a pioneer in unidirectional dynamic authentication technology by winning the IR52 Jang Yeong-sil Award for the 40th week of 2024, hosted by the Ministry of Science and ICT. Having received the New Excellent Technology (NET) certification in December 2022 and the international Common Criteria (CC) certification, SSenStone has demonstrated notable achievements both domestically and internationally. By securing Korea’s most prestigious industrial technology award, the company has reaffirmed its reputation for outstanding technological innovation.
The IR52 Jang Yeong-sil Award, established in 1991, recognises outstanding new technology products and research organisations. It evaluates not only technical achievements but also considers economic impact and broader ripple effects, aiming to inspire technological development and boost the morale of innovators.
SSenStone’s award-winning technology is based on its proprietary One-Time Authentication Code (OTAC). This technology delivers advanced security solutions for operational technology (OT) devices, including PLCs, RTUs, DCSs, and financial authentication solutions via media linkage or separation.
The company’s flagship product, PLC OTAC, moves away from fixed-value-based password authentication by generating dynamic, non-duplicable tokens directly on the client side without relying on communication networks. This enables unique authentication during the verification phase. SSenStone has successfully completed Proof of Concept (PoC) and Minimum Viable Product (MVP) stages with two of the world’s top five PLC manufacturers, including LS Electric in Korea, and is currently exploring implementation at a water treatment facility in the United States.
Another notable solution, TAP OTAC, is a financial authentication tool that uses physical card tapping on the back of a smartphone to enhance user convenience while combatting financial fraud, such as phishing. Already adopted by major financial firms like Toss Bank, this solution securely separates and links media while streamlining the authentication process.
With more than 310 global patents and official certifications, including CC certification, GS certification (Grade 1), and NET certification, SSenStone is well-positioned to drive innovation in industrial automation and financial security. Winning the IR52 Jang Yeong-sil Award further strengthens its leadership in the authentication market.
“SSenStone’s OTAC technology, once thought impossible, has now been validated by the IR52 Jang Yeong-sil Award,” said Yoo Chang-hun, CEO of SSenStone.
“As security vulnerabilities continue to rise in the digital realm, we will redouble our efforts to ensure that SSenStone’s OTAC technology provides a safe, reliable, and convenient authentication environment for daily life and business operations.”