MARCH - 2020ENTERPRISE SECURITY| | 19Increasing threats be it physical or cyber has led various organizations to seek out more reliable and effective means of security. Although the implementation of 2FA in organizations is becoming more and more prevalent, consumers often find a little bit of a hassle behind it. For example, during online bank transactions, after first authenticating a user's account number, they have to wait for an OTP provided to them via SMS. Time and again 2FA via SMS has proven to be quite unsafe as hackers can easily spook your phone number and intercept your text messages. That's where DirectRM comes into the picture. The company's All-in-One Card provides the functionality of 2FA in a simple one-step process and provides its users with network access, physical security, and other features. The All-in-One Card comes with an e-paper display. One of the key components in the card is a Cool-X BitCard that can securely store cryptocurrencies. The BitCard can store cryptocurrency in DirectRM's e-Safety Deposit Box that is highly secure. The box can be installed on-premise or using the company's secure cloud platform. "The All-in-One Card will serve as the fastest and the most secure way of getting to data," says Joseph Baggio, Founder, and CTO of DirectRM.Together with the All-in-One Card, another unique service that DirectRM provides is order enrollment, an approach that gives security to multitudes of the customers of the company's clients. In it, the company sets up a delivery/distribution server with the client's data library (active directory or LDAP) over a secure port and IP address. Using that linkage, the enterprise can now enroll all users contained within the library into its console. The All-in-One Card can then be distributed through its server. Every user is assigned a serial number of a card and is identified with a synchronized OTP."We believe that when our product comes out, we can show people and organizations that your cryptocurrency is not only safe but more usable today than ever," says Welsh.Along with continuance in R&D, DirectRM is planning to shift some of its focus towards sales and marketing in 2020. The company's goal shall not only be to grow a more extensive customer base but also significantly increase top-line revenue and other financial areas.The company also plans to explore the potential of IoT and integrate it with its authentication technology as well as launch a mobile cryptocurrency payment app. Thus, the pace of innovations in DirectRM shows no signs of slowing down any time soon. ESThe All-in-One Card will serve as the fastest and the most secure way of getting to data
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