Device Authority Announces New Solution to Secure Enterprise Blockchain Infrastructure
LONDON & FREMONT, Calif.--(BUSINESS WIRE)--Sep 25, 2018--Device Authority, a global leader in Identity and Access Management (IAM) for the Internet of Things (IoT), today announced their solution for securing Enterprise Blockchain infrastructure which is powered by KeyScaler.
Blockchain is considered as a breakthrough solution for addressing many use cases in different domains. It relies heavily on Public Key Infrastructure (PKI), but it doesn’t have a defined security model to secure the participating nodes and associated PKI keys. In the past, several users have publicly complained of stolen private keys and Bitcoins. There isn’t any assurance on the security posture of the nodes in the network. There may be numerous participating Blockchain nodes running on Operating Systems without the latest patches.
According to Gartner, “While the blockchain ledger uses sound cryptography, the collection of technologies that make up the entire blockchain still carries significant risks. The use of certificates in the blockchain poses some unique challenges. For example, if a user or entity’s private key is lost or stolen, it could potentially lock them out of the blockchain permanently.”
Device Authority’s KeyScaler platform protects the critical data, private keys and resources from unauthorized applications and entities. The patented technology based flexible authentication methods, make it easy to implement this solution for any Enterprise Blockchain.
“Implementing and managing Blockchain at scale is not an easy task. It has inherent security and operational challenges. Our KeyScaler platform delivers the entity and data trust at scale for Enterprise Blockchain,” said Darron Antill, CEO of Device Authority.
Device Authority also supports HSMs in deployments, offering a more granular control for unauthorized access and additional features required for Blockchain IAM.
Meet the Device Authority team at upcoming events globally to learn more about our Blockchain solution:September 25 th & 26 th: Connected World Summit, London – Stand P24 October 16 th -18 th: IoT Solutions World Congress, Barcelona - Stand A133 with Gemalto, Comodo CA and TeamViewer October 29 th – 31 st: Symposium on Securing IoT, Boston November 28 th & 29 th: IoT Tech Expo, Santa Clara with Thales eSecurity
About Device Authority Device Authority is the leading provider of IoT IAM. Our KeyScaler™ platform provides trust for IoT devices and the IoT ecosystem, to address the challenges of securing the Internet of Things. KeyScaler™ uses breakthrough technology including Dynamic Device Key Generation (DDKG) and PKI Signature+ that delivers unrivalled simplicity and trust to IoT devices. This solution delivers automated device provisioning, authentication, credential management and policy based end-to-end data security/encryption.
With offices in Fremont, California and Reading, UK, Device Authority partners with the leading IoT ecosystem providers, including Amazon Web Services (AWS), Comodo CA, HID Global, Dell, DigiCert (Symantec), Gemalto, Intel, Microsoft, PTC and Thales. Keep updated by visiting www.deviceauthority.com, following @DeviceAuthority on Twitter and subscribing to our BrightTALK channel.
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CONTACT: Device Authority
KEYWORD: UNITED KINGDOM UNITED STATES EUROPE NORTH AMERICA CALIFORNIA MASSACHUSETTS SPAIN
INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT SOFTWARE SECURITY PROFESSIONAL SERVICES FINANCE
SOURCE: Device Authority
Copyright Business Wire 2018.
PUB: 09/25/2018 07:00 AM/DISC: 09/25/2018 07:01 AM