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bvk technology
OTC-driven Security for Physical and Digital Access

Kürsat Kurt, Founder & CEO, bvk technologyKürsat Kurt, Founder & CEO
You have been hacked! These are four words are nothing less than a nightmare for organizations. While the world is trying to cope with organized and fast learner cybercriminals, enterprises have to get a step ahead of the levels of persistence, sophistication, and organization. Looking beyond the foundations in their approach to security, organizations definitely look for new means to safeguard their business assets as their traditional identity and access management systems are unable to restrict malicious actors and meet security needs of IoT, BYOD, and cloud-based services. In search of alternatives, IT leadership ponders over deploying a robust solution that prevents cyberattackers from digital as well as physical access to business data and systems. bvk technology’s OTCaccess is their answer. “With our offline authentication technology, users can monitor and manage physical as well digital access points from one centralized system,” says Kürsat Kurt, Founder & CEO of bvk technology. In an era where users require access from almost any endpoint located anywhere and from any type of application, and device, bvk is setting a new standard in the industry with the development and production of smart, connected security devices and web-based management and monitoring applications for ATMs and financial institutions.

Keeping in mind the need for an agile IAM and the idea of centralizing both physical and digital access management, OTCaccess is designed to make a difference in permitting access to a broad gamut of tools and application that range from ATM Top Box to web URLs. The solution generates one time codes (OTCs) based on individual, access point, time period and OTC type/function for every access request. It adds a level of complexity to accessing a device or an application as the users have to pass offline verification process using a combination of OTC and PIN or contactless ID card, OTC, and PIN.

While OTC is a crucial element in assuring access to the authorized person, network administrators can centrally control access to selected applications, files, and folders using OTCaccess for Microsoft Windows. They can ascribe a session time to user’s online and offline activities and create an auto-logout for a session that extends beyond the prescribed limit. The solution provides protection against ransomware and unauthorized file management activities like editing, copying, and renaming. It also strengthens the web security posture by enabling the enterprises to select and list the domain and end points at their web servers.

With our offline authentication technology, users can monitor and manage physical as well digital access points from one centralized system

bvk leverages its experience in access control and empowers banks and financial institutions with smart security solutions for protecting one of most critical units of banking transactions—ATM machines. When AGS Technologies, an independent ATM deployer based in India operating nearly 40,000 bank-owned ATMs, was tasked to replace their inefficient and problematic safe lock mechanisms, it approached bvk. After analyzing flaws like malfunctioning of locks and keys and sudden downtimes, bvk offered a customized solution that includes 2-factor authentication for physical and digital access. The one-time code (OTC) based lock software provided global and central management of users, devices, and codes via a central web-based management system. Also, bvk developed a retrofit kit utilizing an electronic PCB board that underpinned an online, real-time safe lock with offline OTC authentication. With online connectivity and management, the locks from bvk send constant updates, allowing AGS to foresee and quickly resolve any issues that may arise.

Success stories like AGS have been fueling bvk’s zeal to innovate their solutions using emerging technologies like deep analytics, behavioral biometrics, and artificial intelligence. Also, customer feedback plays an important role in the enhancement of its solutions. The leadership of the firm is focused on building a network of system integrators and implementation partners across the globe. bvk strives to help its clients beat the malicious actors in their own game.

Company
bvk technology

Headquarters
Istanbul, Turkey

Management
Kürsat Kurt, Founder & CEO

Description
Specialized in development and production of smart, connected security devices and their web based management & monitoring applications mainly for ATMs & Fis

bvk technology News

BVK Technology launches its OTC delivery box and presents keyless locks for safes, cabinets, doors and gates at MWC Barcelona

BARCELONA - BVK Technology, announced today that it will launch, together with its sister company Aladdins Cloud, the new OTC delivery and messaging box (for One Time Code, or one-time use code) at the Mobile World Congress in Barcelona. The OTC delivery solution can be used by couriers and retailers, or provided as part of the Company's Fast and Locked courier service.

Online shopping is constantly growing and as a result home deliveries are also increasing. As a result, there are growing demands for the speed, security, personalization and hygiene of deliveries. Thus, the customer experience of “last mile” logistics is key to differentiating between retailers and between couriers.

With the OTC delivery box, the courier delivers the goods in a personalized package, secured by a keyless Bluetooth lock. To open the box, the recipient uses a one-time personal code and their mobile application. The lock will only unlock if the recipient's identity, address and delivery time are correct. All last mile delivery activities are logged to resolve any disputes.

" We are delighted to hear the positive feedback from retailers and couriers about the OTC delivery box, all agreeing that it improves the last mile delivery customer experience," said Kursat Kurt, CEO and Founder. from BVK Technology. They are confident that the OTC box will help them make every delivery as special, as important and unique as the person receiving it.”

As part of MWC, BVK will showcase its latest keyless locks , including its Latch, Padlock and OTC Bluetooth access management solutions . Safe locks, cabinet locks, door locks and padlocks from BVK can be used in any industry that requires access management that is both highly secure and economical.

“ Our smart locks eliminate the need to handle and manage physical keys,” added Kursat Kurt. Centralized management of users, schedules, access points and locks provides significant annual savings in operating costs, improved efficiency and security and reduced carbon footprint.”

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