Assurity Partners with Nanyang Polytechnic to Develop 2FA Technology

Assurity and Nanyang Technological University signed a memorandum of understanding on Friday to establish a 2FA two-factor authentication development and testing platform and develop IT security talent in higher education institutions. Assurity is a wholly-owned subsidiary of the Singapore Institute of Information and Communications Development. It said that the agreement indicates that the 2FA development and testing platform will be established at Nanyang Technological University. It will be used to test the company’s soft token technology. According to reports, the technology is expected to be launched next year.
In addition to collaboratively developed software tokens, cooperation in other areas includes joint training and development of programs for Nanyang Polytechnic students and staff, such as incident response, Internet services, and interoperability technologies for security technologies. Nanyang Polytechnic students will also face business development in technology, especially in terms of commercialization. Mr. Charles, head of Assurity, said: “The rising trend of global cyber security vulnerabilities has led to a surge in demand for 2FA innovative technologies. However, there is a lack of security experts for information communications and the necessary skills to develop and operate 2FA. Our cooperation with Nanyang Technological University will make We increase the 2FA security talent pool."

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