Memory lock system with manipulatable input device and method of operation thereof

1. A method of operation of an authentication system comprising:

maintaining a memory lock system invisible to a computer, attached to the memory lock system, until the memory lock system is in an unlocked status, the memory lock system including a body, the body comprising an electronic connector, a controller, a memory that is internal within the body, and an input device manipulatable by a user, wherein maintaining the memory lock system invisible comprises locking a first channel and a second channel, the first channel between the controller and the memory and the second channel between the controller and the electronic connector, wherein the memory cannot be written to or read from while the memory lock system is locked;

receiving an input at the input device of the memory lock system, the memory being in a locked status until a correct login credential is received via the input device;

checking, by the controller in the body of the memory lock system, the received input for a login credential to unlock the memory lock system;

setting the memory of the memory lock system to the unlocked status based on the check for the login credential, the setting the memory lock system to the unlocked status comprising unlocking the first channel and the second channel; and

enabling, when the memory of the memory lock system is in the unlocked status, a communication channel between the electronic connector in the memory lock system and the computer for transferring data between the memory lock system and the computer.

2. The method as claimed in claim 1 further comprising:

detecting a termination of the communication channel; and

setting the memory to the locked status based on the termination.

3. The method as claimed in claim 1 , further comprising:

providing two-factor authentication, wherein providing the two-factor authentication includes:

enabling a connection between the computer and a financial institution system while the memory is in the unlocked status; and

disabling the connection between the computer and the financial institution system while the memory is in the locked status.

4. The method as claimed in claim 1 wherein setting the memory to the unlocked status includes unlocking the first channel and the second channel to enable a data transfer function between the electronic connector of the memory lock system and the memory.

5. The method as claimed in claim 1 , further comprising:

providing two-factor authentication for accessing an account in a financial institution system, the correct login credential being a first factor of the two-factor authentication, the memory lock system being a physical component that is a secure token used as a second factor of the two-factor authentication;

allowing access by the financial institution system to information in the memory lock system based on the memory lock system being the physical component and the correct login credential;

recognizing, by the financial institution, the information in the memory lock system; and

allowing, by the financial institution, access to the account in the financial institution system based on the recognizing.

6. The method as claimed in claim 1 , wherein the controller controls a first control switch for locking the first channel and a second control switch for locking the second channel.

7. A method of operation of an authentication system comprising:

maintaining a memory lock system invisible to a computer, attached to the memory lock system, until the memory lock system is in an unlocked status, the memory lock system including a body, the body comprising an electronic connector, a controller, a memory that is internal within the body, and a wireless connector, wherein maintaining the memory lock system invisible comprises locking a first channel and a second channel, the first channel between the controller and the memory and the second channel between the controller and the electronic connector, wherein the memory cannot be written to or read from while the memory lock system is locked;

receiving an input through the wireless connector at the memory lock system, the memory being in a locked status until a correct login credential is received;

checking, by the controller in the body of the memory lock system, the received input for a login credential to unlock the memory lock system;

setting the memory of the memory lock system to the unlocked status based on the check for the login credential, the setting the memory lock system to the unlocked status comprising unlocking the first channel and the second channel;

enabling, when the memory of the memory lock system is in the unlocked status, a communication channel from the electronic connector in the memory lock system and the computer for transferring data between the memory lock system and a financial institution system via the computer;

providing two-factor authentication for accessing an account in the financial institution system, the correct login credential being a first factor of the two-factor authentication, the memory lock system being a physical component that is a secure token used as a second factor of the two-factor authentication;

allowing access by the financial institution system to information in the memory lock system based on the memory lock system being the physical component and the correct login credential;

recognizing, by the financial institution, the information in the memory lock system; and

allowing, by the financial institution, access to the account on the financial institution system based on the recognizing.

8. The method as claimed in claim 7 wherein the two-factor authentication further comprises:

generating a one-time password from a password generator of the memory lock system, a software application, or a combination thereof; and

sending the one-time password to the financial institution system.

9. The method as claimed in claim 7 further comprising:

generating a new login credential each time the account on the financial institution system is accessed.

10. The method as claimed in claim 7 further comprising:

decrypting, at the memory lock system, data in the memory before sending the data from the memory to the financial institution system.

11. A memory lock system comprising:

a body comprising:

a memory for storing authentication information;

an input device for receiving a login credential, the input device being manipulatable by a user for entering the login credential;

an electronic connector for coupling to a computer;

a controller for controlling a communication channel from the electronic connector in the memory lock system to the computer;

a first channel between the controller and the memory;

a second channel between the controller and the electronic connector,

a locking function controller for setting an unlocked status to the memory of the memory lock system based on the login credential, the memory being in a locked status until a correct login credential is received via the input device, wherein the first channel and the second channel are disabled when the memory is in the locked status, wherein the memory lock system is invisible to the computer, when attached to the memory lock system, until the memory lock system is in the unlocked status; and

a transfer function controller for providing the authentication information for accessing an account.

12. The memory lock system as claimed in claim 11 wherein:

the transfer function controller is for detecting a termination of the communication channel; and

the locking function controller is for setting the memory to the locked status based on the termination.

13. The memory lock system as claimed in claim 11 wherein the transfer function controller is for enabling a connection between the computer and a financial institution system while the memory is in the unlocked status and disabling the connection between the computer and the financial institution system while the memory is in the locked status.

14. The memory lock system as claimed in claim 11 wherein the transfer function controller is for enabling a data transfer function between a connector of the memory lock system and the memory.

15. The memory lock system as claimed in claim 11 wherein:

the transfer function controller is for sending the authentication information from the memory to a financial institution system; and

the locking function controller is for enabling the access to the account in the financial institution system.

16. The memory lock system as claimed in claim 15 wherein the authentication information includes a generated one-time password from a password generator of the memory lock system, a software application, or a combination thereof.

17. The memory lock system as claimed in claim 15 wherein the transfer function controller is for generating a new login credential each time the account on the financial institution system is accessed.

18. The memory lock system as claimed in claim 15 wherein the input device is configured for receiving, through a wired or wireless connection, a fingerprint, a password, a combination, an eye print, a manipulatable input, a voice print, a face print, or a combination thereof.

19. The memory lock system as claimed in claim 15 wherein the transfer function controller is for decrypting, at the memory lock system, data in the memory before sending the data from the memory to the financial institution system.

20. The memory lock system as claimed in claim 11 , wherein the instructions further cause the one or more computer processors to perform operations comprising:

providing two-factor authentication for accessing an account in a financial institution system, the correct login credential being a first factor of the two-factor authentication, the memory lock system being a physical component that is a secure token used as a second factor of the two-factor authentication;

allowing access by the financial institution system to information in the memory lock system based on the memory lock system being the physical component and the correct login credential;

recognizing, by the financial institution, the information in the memory lock system; and

allowing, by the financial institution, access to the account in the financial institution system based on the recognizing.

21. The memory lock system as claimed in claim 11 , further comprising:

a first control switch for locking the first channel; and

a second control switch for locking the second channel.