Cronto is an innovative patented visual transaction signing solution that enables banks and other financial institutions to effectively counter increasingly sophisticated "Trojan" and "Man in the Browser" attacks. Cronto delivers the most optimal combination of usability, security and cost of ownership by allowing users to verify and sign transactions anytime, anywhere.
What Is Cronto Technology?
Cronto utilizes a unique visual challenge contained in a graphical cryptogram consisting of a matrix of colored dots displayed on the customer's PC screen. The customer uses the camera in his mobile phone or a dedicated hardware device to capture this cryptogram by photographing the screen, instantly decoding, decrypting and displaying transaction details for user verification. If the image has not been tampered with, the customer is then presented with critical transaction information, like payment details, decoded securely from the visual cryptogram image.
- Combat online and mobile banking threats:
Strengthens protection against Phishing attacks, as well as banking Trojans like Man in the Middle (MitM) and Man in the Browser (MitB).
- Secure high value transactions:
Can be used as an additional layer of protection, delivering secure, out-of-band (OOB) validation for pending transactions (push notifications).
- Mitigate fraud:
Can strengthen fraud detection and prevention for high-risk online and mobile transactions.
- Improve user experience:
Brings both safety and simplicity to your online and mobile banking users.