More than just a requirement, compliance is what helps businesses stay strong and keep customer trust intact. This is especially true in Malaysia’s financial services sector, where rapid digital transformation is taking place alongside a growing cyber threat landscape.
Bank Negara Malaysia’s Risk Management in Technology (RMiT) framework serves as a critical guide for financial institutions to manage these risks. It outlines strict expectations across areas such as multi-factor authentication, biometric verification, public key infrastructure (PKI) , cryptographic controls, mobile app hardening, and secure provisioning.
But compliance isn’t just about staying within regulatory boundaries. It’s about protecting users, preserving digital trust, and enabling innovation with confidence.
Malaysia has experienced a surge in mobile-first threats, from fake banking apps and SMS phishing scams to credential theft and unauthorized transactions. These attacks often exploit weak authentication processes or unprotected mobile environments.
RMiT addresses these realities with clear, forward-looking requirements:
- Multi-factor authentication (MFA) using trusted devices and biometrics
- Mobile application hardening to prevent tampering and reverse engineering
- Transaction-level authorization and non-repudiation
- Public key infrastructure (PKI) for secure certificate-based identity and communication
- Cryptographic controls to secure sensitive data and identities
- Time synchronization to prevent timing-based exploits
These aren’t theoretical safeguards; they’re practical defenses designed to help institutions build security into their systems, not react after an incident occurs. Failure to comply doesn’t just risk penalties; it opens the door to reputational damage, user mistrust, and financial loss.
V-Key Solutions Built for Regulatory Confidence
V-Key’s platform is designed with compliance at its core. At the heart is V-OS, a patented Virtual Secure Element that delivers hardware-grade cryptographic protection entirely in software.
Unlike traditional solutions that rely on external hardware or patchwork SDKs, V-OS embeds deep security directly into mobile apps. It protects sensitive data, keys, and logic at runtime, shielding against tampering, interception, and reverse engineering.
Certified to FIPS 140-3 and Common Criteria EAL3+, V-OS meets globally recognized benchmarks. More importantly, it maps directly to the security outcomes demanded by RMiT—enabling faster deployment of compliant digital services, without compromising flexibility or performance.
V-OS includes advanced PKI capabilities, enabling digital certificates, asymmetric key encryption, and secure identity provisioning, supporting strong authentication and non-repudiation across digital services.
By embedding compliance into its core architecture, V-Key helps institutions reduce complexity, streamline audits, and confidently build toward a trust-first digital future.
V-Key offers a complete suite of mobile-first security solutions tailored for regulated financial environments:
- V-Key ID
A privacy-first digital identity solution using facial biometrics. Built on Zero Biometric architecture, all biometric data remains on-device—supporting secure onboarding and user access while preserving privacy.
- V-OS Smart Token
A software-based MFA solution that supports secure OTPs, transaction signing, strong MFA, and trusted device binding without the risks of SMS or the cost of hardware tokens.
- V-OS Mobile App Protection
Runtime protection for mobile apps, defending against threats like reverse engineering, code injection, and keystroke logging while supporting device binding and transaction integrity.
- V-OS
The trusted core of the platform. V-OS provides TEE-based key management and advanced cryptographic capabilities, independently certified to FIPS 140-3, Common Criteria EAL3+, and OATH.
Email us at info@v-key.com to request the full compliance mapping.
Turning Compliance into Competitive Advantage
With V-Key, compliance is not a constraint; it’s a strategic advantage. Our solutions are trusted by leading financial institutions to support secure, scalable mobile services in highly regulated environments.
As threats evolve and standards tighten, V-Key helps institutions stay ahead, delivering security that’s compliant by design and built for the future of digital finance.
