Gentag and Security First Corp. Sign Agreement to Secure NFC Sensor Transactions

Gentag and Security First Corp. Sign Agreement to Secure NFC Sensor Transactions

Can the IoT Actually Be Secure? These Two Companies Say Yes

Gentag and Security First Corp. Sign Agreement to Secure NFC Sensor Transactions

WASHINGTON, DC and RANCHO SANTA MARGARITA, CA–(Marketwired – Jan 11, 2016) –  Gentag Inc. and Security First Corp. have announced an agreement to secure NFC and sensor transactions for the Internet of Things (IoT). California-based Security First Corp.’s patented cryptographic splitting technology called SPx™ (SecureParser® extended), which uses multi-factor secret sharing, will be used to secure NFC and other IoT sensor solutions for personal identification, contactless payments, healthcare, fitness, and home applications. By leveraging both companies’ expertise, security standards will advance exponentially for cell phone NFC or Bluetooth-based sensor transactions, which are forecasted to experience explosive growth in the coming decade. Application examples include diabetes monitoring, smart medication, nutrition and fitness, and authentication.

Security First Corp.’s cryptographic splitting technology is the only security technology in the marketplace today which offers all the key components of data security; confidentiality, integrity and availability in one solution. It can be embedded directly into the sensors, or overlaid with any existing Android NFC reader, such as a smartphone or tablet. The company’s SPx technology provides a simple way to protect and control access to any data, whether at rest or in motion across diverse systems. The technology randomly splits (scrambles) the data into secure shares, authenticates those data shares, and then transmits those shares as unreadable pieces so they can be stored in multiple locations.

SPx technology is government certified to protect the highest level of classified data. Additionally, it is Federal Information Processing Standard (FIPS) 140-2 level 1 and 2 certified, with multiple FIPS certifications. It is also Common Criteria EAL4+ compliant and has passed EAL4+ platform certification.

Initial focus areas are medical, diagnostic and pharmaceutical applications. Gentag holds worldwide patents in the areas of wearable and biomarker sensors that can be read with NFC- enabled devices, such as most smartphones.

The number of sensor-based IoT transactions is expected to explode over the next decade, causing disruption across multiple industries. Some predictions are that there will be one trillion sensor transactions by 2020. As the number of transactions and the sensitivity of the information exchanged increases, security and data concerns will be increasingly important. “By encrypting at the level of the sensor or ASIC, optimal security is assured,” said Dr. John P. Peeters, president and chief executive officer of Gentag. “Certain sectors, including authentication and healthcare, are going to see more disruption than others. Healthcare in particular will entail the exchange of sensitive information, and it is imperative that the information is kept secure.”

An example of a patented Gentag application is using NFC skin patches to measure levels of ultraviolet radiation (UV) for skin cancer prevention. A mother can use the patch directly with her cell phone to verify the sun exposure level of her child for the day or over several days. Whether the measurements are for sun exposure, temperature, diabetes or drug delivery, such seemingly small sensor transactions are private and should be secured to protect the mother’s identity and keep her location information and that of her children secure, among other considerations.

“Safeguarding patient data is a top concern for the medical devices industry. Now with the addition of SPx technology in Gentag products, users can rest assured that the information gathered is protected,” said Mark O’Hare, president and chief executive officer of Security First Corp. “We look forward to working with Gentag to provide a secure solution for NFC devices.”

The combined NFC and SPx safety technology is available immediately for a number of market applications. For a demonstration of the technology or for licensing, contact info@gentag.com or sales@securityfirstcorp.com.

About Gentag

Gentag is pioneering the use of disposable, ultrathin wearable biosensors that can be read with NFC-enabled devices, which will make healthcare and consumer diagnostics more affordable and accessible to all worldwide. The company’s groundbreaking work will revolutionize not only medical applications, but also location-based services and the detection of environmental threats in food, homes and workplaces everywhere.

Gentag’s powerful IP and partnerships are at work for a smarter, more connected world.

For more information, visit http://gentag.com/ and follow Gentag on Twitter (@gentagInc).

About Security First

Founded in 2002, Security First Corp., is a privately held company headquartered in Rancho Santa Margarita, California. As the industry leader in software-defined data security technology, the company holds more than 268 patents and patent applications. It is committed to bringing advanced, data-centric security solutions that solve many of the new challenges brought by the tremendous growth of digital information. SPxSHARC™, the company’s latest data security product, protects information down to the bit level, ensuring data is safe within a network that has been breached, misconfigured or has failed to apply security updates. Products built around this unique SPx™ core technology are currently protecting exabytes of data for customers in government, communications, defense and military applications. For more information, visit
www.securityfirstcorp.com.

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