WISeKey, a Swiss based cyber security company, released plans on Monday to help secure Internet of Things (IoT) devices with SAP. The collaboration aims to allow the integration of WISeKey’s Managed Cryptographic Root of Trust secure IoT Edge Device with devices leveraging SAP HANA Cloud Platform for IoT.
The Managed WISeKey Root of Trust (RoT) serves as a common trust anchor, which is recognized by operating systems (OS) and applications to ensure the authenticity, confidentiality and integrity of on-line transactions. With the Cryptographic Root of Trust embedded on a device, the IoT product manufacturers can use code-signing certificates and a cloud-based signature-as-a-service to secure interactions among and between objects and people.
The collaboration will provide increased security of IoT devices when connecting to SAP solutions for the IoT. 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.
“This new 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,” said Carlos Moreira, WISeKey’s CEO.
“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,” said Gil Perez, SVP Digital Assets & IoT, General Manager IoT Security SAP SE. “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 is currently deploying large-scale IoT digital identities for watches and wearables using its Managed Cryptographic Root of Trust and NFCTrusted technology. This technology integrates wearable technology with secure authentication and identification, in both physical and virtual environments, and empowers IoT and wearable devices to become secure transactional devices.
It is estimated that the global wearable market will grow at an annual rate of 35 percent over the next five years.