Swiss-based cyber-security company, WISeKey, which claims to help businesses, government and individuals to carry out secured electronic transactions, has collaborated with enterprise software and technology company, SAP, to provide security to the IoT (Internet of Things) devices. The collaboration will facilitate the combination of WISeKey’s Managed Cryptographic Root of Trust secure IoT device with systems leveraging SAP HANA Cloud Platform for the Internet of Things (IoT).
According to SAP, its Cloud Platform SAP HANA, offers in-memory database and application services. This enables the user to quickly develop new applications or enhance the existing ones. Thus, it provides a platform to extend, integrate and build applications on cloud.
The collaboration will provide increased security of IoT devices when connecting to SAP solutions for the IoT. The company claims that having sensors connected to everything does not necessarily enable monetization or customer value. Companies and consumers can realize value and enable monetization when they can certify that they are receiving authenticated and secure sensor data, gain insight from it and propose appropriate actions as needed.
Gil Perez, SVP, Digital Assets & IoT and GM, IoT Security, SAP SE says, “Securing data communications from edge devices to the SAP HANA Cloud Platform for the IoT and SAP solutions for the IoT is a prerequisite for any bi-directional enterprise IoT use-case. By working with WiseKey, we are continuing to offer our customers options for ensuring the validity and scalability of sensor data powering SAP IoT platform and solutions.”
WISeKey at present, claims to be deploying IoT digital identities for watches and wearable using its Managed Cryptographic Root of Trust and NFC (Near field Communication) Trusted technology. This technology uses a set of communication protocols that allows any two movable electronic devices to communicate with secured authentication an identification in both physical and virtual environments. It allows IoT wearable devices to become secure transactional devices.
Carlos Moreira, WISeKey’s CEO says:
The collaboration is indicative of WISeKey’s broad and continuously expanding cyber security IoT offerings, as we are placing significant emphasis on strategic relationships to increase penetration and boost sales with established enterprise players such as SAP. We are pleased to work with SAP to make smarter decisions safer to implement.
According to WISeKey, its unique Trust model, Root of trust (RoT) for IoT, acts as a trust anchor which is recognized by operating systems (OS) and applications ensuring authenticity, confidentiality and integrity of online transactions. With the Cryptographic Root of Trust rooted into the device, together with it’s unique identity, can secure the interactions among objects and other entities.