Data Security Companies Collaborating on Authentication, Encryption for Wearables
Kaspersky Lab and WISeKey are jointly developing technology to safeguard financial data exchanged via wearables, the companies said Thursday. Many connected devices and the data they exchange are “worryingly unprotected," they said. Kaspersky CEO Eugene Kaspersky said millions of devices…
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“were never designed to be secure” and there’s an “urgent need to establish and implement higher levels of security for IoT devices.” The collaboration will be based on WISeKey’s NFCTrusted technology and its Cryptographic Root of Trust for IoT that has been installed on more 2.6 billion desktop, browsers, mobile devices, SSL certificates and connected devices, said the companies. Existing wearables can be retrofitted with the Kaspersky security layer by adding asymmetric identification at the device level, a WISeKey spokesman told us. The technology will be applicable to other IoT sectors, said WISeKey CEO Carlos Moreira.