Method for providing a secure non-reusable one-time password

A method of securing an access key, comprising the steps of:

• receiving a user password;
• obtaining a public key from a public-private key pair;
• creating an encryption key with said user password;
• encrypting said access key with a first symmetric encryption unit to form a first encrypted version of said access key, said first symmetric encryption unit utilizing said encryption key;
• encrypting said access key with a second asymmetric encryption unit to form a second encrypted version of said access key, said second asymmetric encryption unit utilizing said public key;
• and
• storing said first encrypted version of said access key and storing said second encrypted version of said access key on a storage medium.

A method of securing computer data, comprising the steps of:

• generating an access key with a random number generator;
• receiving a user password;
• obtaining a public key from a public-private key pair, said public-key generated in accordance with a method of public-key cryptography;
• encrypting information with a first encryption unit using said access key to create encrypted information;
• storing said encrypted information;
• hashing said user password to obtain a password hash;
• encrypting said access key with a second encryption unit to form a first encrypted version of said access key, said second encryption unit using said password hash, said second encryption unit operating in accordance with a symmetric encryption/decryption algorithm;
• storing said first encrypted version of said access key;
• encrypting said access key with a third asymmetric encryption unit to form a second encrypted version of said access key, said third asymmetric encryption unit using said public key, and said asymmetric encryption unit operating in accordance with said method of public-key cryptography;
• and
• storing said second encrypted version of said access key.

A computer readable medium having a set of instructions stored therein, which when executed by a computer, causes the computer to secure an access key by performing the steps of:

• encrypting said access key with a first encryption algorithm to form a first encrypted version of said access key;
• encrypting said access key with a second asymmetric encryption algorithm to form a second encrypted version of said access key;
• and
• storing the first encrypted version and the second encrypted version of said access key.