Giesecke & Devrient and Wave Systems Form Strategic Partnership

Wednesday 13 April 2005 17:40 CET | News

Giesecke & Devrient (G&D) and Wave Systems have formed a strategic alliance to offer an enhanced security solution to address the trusted computing market.

In the IT sector, high complexity and a wide spectrum of applications are boosting the demand for security solutions among private users and businesses alike. The challenge is to devise comprehensive solutions that can satisfy customers security needs. Increasingly, what are known as Trusted Platform Modules (TPM) are being incorporated into personal computers for a more trustworthy computing environment. The TPM is a processor that is integrated into the PC motherboard as a separate chip. Use of smart card technology adds a further component to the security solution by serving as a key to the computer, preventing unauthorized access to system and data. G&D and Wave Systems have formed a strategic alliance to market a comprehensive security solution that integrates both components. The G&D-Wave Systems collaboration will address the organizations joint development activities in the fields of smart card technology and trusted computing software. The aim is to leverage the combination of smart card technology and TPM associated software to offer clients in industry and government a comprehensive, flexible and easy-to-use security solution. Both partners are members of the Trusted Computing Group (TCG), an organization founded in 2003 by leading enterprises in the IT sector to develop open standards for a new generation of secure hardware and software products in virtually all application areas. In a secure platform environment, the TPMs task is to protect and generate secret keys and store system configurations safely. The TPM also functions as a hardware-based security mechanism that prevents system changes caused by virus attacks. The combination of trusted computing with smart card technology shows a lot of complementary advantages. As an integrated part of the motherboard, trusted platform modules provide an early integrity control from software and hardware as well as identity control of the entire PC system. The addition of chip card technology, e.g. as smart card or smart USB token, enables portable user identification to achieve a reliable and flexible security solution, said Andreas Raeschmeier, Head of Business Development at G&D. Waves EMBASSY Trust Suite (ETS) secure software capabilities being demonstrated with G&D at CardTech SecurTech include security policy management, key archive and management, digital signature, file and folder encryption, secure email, secure wireless authentication and storage and automation of user names, passwords and personal information.

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Categories: Payments & Commerce | Cards
Countries: World
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Payments & Commerce