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Intrinsic ID’s BroadKey Named ‘IoT Security Product of the Year’ in 2019 IoT Breakthrough Awards

BroadKey Delivers ‘Just-in-time’ Security Based on Unclonable Identities to Align with Standards Demanded by Device-to-Cloud, Privacy, Financial Transactions and Defense Applications

SUNNYVALE, Calif., Jan. 3, 2019 – Intrinsic ID, the world’s leading provider of digital authentication technology for Internet of Things security, announced today that BroadKey has been named “IoT Security Product of the Year” in the 2019 IoT Breakthrough Awards. BroadKey, as a one-of-a-kind embedded software solution, was recognized for its ability to deliver “right-sized” hardware root-of-trust security, based on unclonable identities, that cost-effectively scales with the high security standards demanded by high-volume use cases such as device security, device-to-cloud security, privacy, anti-counterfeiting, IP protection, financial transactions and defense. The IoT Breakthrough Awards program recognizes the achievements of IoT companies and products.IoT Breakthrough Award 2019

“This award is further validation that BroadKey not only secures any IoT-connected device in the world with unclonable identities, but it does so in a way that enables IoT device makers to manage business risk,” said Pim Tuyls, chief executive officer of Intrinsic ID. “BroadKey gives IoT device OEMs, and the semiconductor companies that power those products, confidence they can choose ‘right-sized’ security that balances cost, flexibility and market demands. It also makes it possible to deliver that security at any point in a product’s lifecycle — just in time.”

BroadKey is a secure root key generation and management software solution for IoT security that allows device manufacturers to secure their products with an unclonable identity such as a unique secret root key without the need for adding a costly, standalone, security-dedicated silicon. Its unique operation uses a silicon fingerprint to generate, but never store, the root key, greatly raising the bar for attackers. BroadKey can be loaded on any smart device at any time in a device’s life — even retrofitted on large-scale deployed devices – without the need for physical access to the device. This enables a never-before-possible remote “brownfield” installment of a hardware root of trust. BroadKey is based on Intrinsic ID’s patented SRAM PUF (Physical Unclonable Function) technology.

Highlights of BroadKey’s underlying technology:

  • Shipped into more than 125 million IoT devices
  • Used by some of the top electronics companies in the world
  • Recognized with Amazon Web Services Advanced Tier Partnership
  • Deployed in “banks to tanks” – delivers a high standard of security
  • Tested for NIST and FIPS compliance in IoT devices

This is the second award BroadKey has received in recent months. In October 2018 BroadKey was recognized with the 2018 Security Excellence Award by IoT Evolution.

Learn more about how Intrinsic ID’s BroadKey provides a hardware root of trust to create, wrap and manage cryptographic keys at www.Intrinsic-ID.com/BroadKey. See a brief video overview of BroadKey, “BroadKey: Root of Trust.”

“While recent IoT developments are incredibly exciting, it is clear that IoT security is perhaps the most critical field within the market, and Intrinsic ID delivers a healthy dose of IoT security innovation through their BroadKey solution,” said James Johnson, managing director at IoT Breakthrough. “BroadKey’s approach to IoT security is truly unique as it uses a silicon fingerprint to generate and re-generate a device root key, enabling security for IoT-connected products by implementing a root of trust to form the identity of a device. Congratulations to the Intrinsic ID team on their innovative security solution and well-deserved 2019 IoT Breakthrough Award designation.”

The mission of the IoT Breakthrough Awards program is to recognize the innovators, leaders and visionaries from around the globe in a range of IoT categories, including industrial and enterprise IoT, smart city technology, connected home and home automation, and connected car. This year’s program attracted more than 3,500 nominations from companies all over the world.

About Intrinsic ID

Intrinsic ID is the world’s leading digital authentication company, providing the Internet of Things with hardware-based root-of-trust security via unclonable identities for any IoT-connected device. Based on Intrinsic ID’s patented SRAM PUF technology, the company’s security solutions can be implemented in hardware or software. Intrinsic ID security, which can be deployed at any stage of a product’s lifecycle, is used to validate payment systems, secure connectivity, authenticate sensors, and protect sensitive government and military systems. Intrinsic ID technology has been deployed in more than 125 million devices. Award recognition includes the IoT Security Excellence Award, the Frost & Sullivan Technology Leadership Award and the EU Innovation Radar Prize. Intrinsic ID security has been proven in millions of devices certified by Common Criteria, EMVCo, Visa and multiple governments. Intrinsic ID’s mission: “Authenticate Everything.” Visit Intrinsic ID online at www.Intrinsic-ID.com.

Connect with Intrinsic ID

Website: www.intrinsic-id.com
LinkedIn: www.linkedin.com/company/intrinsic-id
Twitter: https://twitter.com/intrinsicid
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Intrinsic ID, the Intrinsic ID logo, BroadKey and “Authenticate Everything” are trademarks or registered trademarks of Intrinsic ID, Inc., and are protected by trademark laws of the United States and other jurisdictions. All other product and company names are trademarks or registered trademarks of their respective companies.

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