TIDMIGP
Intercede Group PLC
29 April 2015
PRESS RELEASE
April 29, 2015
Ledger selects Intercede's MyTAM service to
secure Bitcoin wallets
MyTAM allows Ledger to protect Android wallets and transactions
from
malware present elsewhere on the device
Lutterworth, UK - Paris, France: Cybersecurity expert Intercede
today announced Bitcoin security solutions provider Ledger has
signed up to use MyTAM to protect its apps running on Android. By
securing the wallets with the secure Trusted Execution Environment
(TEE) already present on many leading devices, the app, along with
data and transactions made by it, is protected against threats that
may be present on the handset.
The TEE, developed by Trustonic, is a cryptographically locked,
secure operating environment built into leading Android devices at
the point of manufacture. By protecting Bitcoin wallets with this
trusted environment, the application and related transactions are
protected from malware, man-in-the-browser and other forms of
software-based threats that are potentially active on devices.
Ledger provides hardware security solutions for innovative
decentralised trust services - its first product, Ledger Nano, a
USB smartcard-based hardware Bitcoin Wallet, is used by thousands
of customers in over 60 countries. By adopting Intercede's MyTAM
service, Ledger provides a downloadable, secure and flexible
hardware Bitcoin Wallet to protect users against fraud and malware
attacks.
Intercede's MyTAM service is currently used by companies
supplying apps and development toolkits across a range of sectors
that require access to complete end-to-end security facilities for
Android apps, including e-commerce wallets, secure voice provision
and enterprise-strength messaging.
Intercede CEO Richard Parris said: "Intercede is leading the way
in offering the strongest security available on Android for Bitcoin
wallet providers. By using MyTAM to securely load its apps in the
TEE, Ledger joins the growing number of high-profile app providers
using the strongest level of Android security to protect their apps
and end-users' digital assets."
Eric Larchevêque, CEO of Ledger, added: "Providing robust
security for Bitcoin wallets is Ledger's top priority and, by
partnering with Intercede, we have greatly enhanced our ability to
protect consumers' mobile transactions. By utilising the TEE
through MyTAM, we have been able to save significant sums on
shipping smartcards and increased our agility, as we are able to
deploy test apps into a 'professional sandbox' for customers to
thoroughly test prior to launch."
Intercede's MyTAM service enables organisations - such as app
developers, service providers, banks and media streaming companies
- to load apps into the TEE, and runs on Intercede's established
market-leading security platform, which is already used by some of
the world's largest enterprises and public sector organisations. It
provides a scalable and cost-effective solution for any size of
deployment, from enterprise apps with thousands of users to
consumer apps with millions.
ENDS
About Intercede:
Intercede is a software and service company specialising in
identity, credential management and secure mobility. Its solutions
create a foundation of trust between connected people, devices and
apps and combine expertise with innovation to provide world-class
cybersecurity.
Intercede has been delivering solutions to high profile
customers, from the US and UK governments to some of the world's
largest corporations, telecommunications providers and information
technology firms, for over 20 years.
Intercede's MyID software is an identity and credential
management system that enables organisations to create and assign
trusted digital identities to employees, citizens and machines and
in turn allows secure access to services, facilities, information
and networks. MyID adheres to international standards, while
remaining simple enough to be deployed onto consumer devices such
as smartphones, tablets and other devices in the Internet of
Things.
In 2015 Intercede launched MyTAM; enabling trusted applications
to be loaded into a mobile device's Trusted Execution Environment
(TEE), providing hardware-level security for Android apps. The
cloud-based service provides a cost-effective and convenient way
for developers and corporations to protect their apps and users'
sensitive data.
For more information visit: www.intercede.com
About Ledger
Ledger is a French startup which develops and provides hardware
and software Bitcoin security solutions. After the launch of its
first product in December 2014, the Ledger Wallet Nano, and sales
in more than 60 countries, Ledger has developed its range of
security products, in particular with the addition of the
compatibilities of Near Field Communication (NFC) and Bluetooth Low
Energy (BLE), as well as a version dedicated to the Trusted
Execution Environment (TEE).
Founded few months ago, Ledger has 15 employees, offices and a
showroom in the Parisian <<Silicon Sentier>>, a
production facility in French Région Centre, and an office in San
Francisco.
Corporate website www.ledger.co / commercial website
www.ledgerwallet.com
Twitter @LedgerHQ / Facebook www.facebook.com/LedgerHQ
Pictures on Pinterest www.pinterest.com/ledgerwallet/
About Trustonic
Trustonic integrates hardware-level security and trust directly
into the devices through which we access today's connected world.
Trustonic simplifies user experiences in everything from mobile
shopping and Internet banking to entertainment to collaborating in
the workplace.
Trustonic technology is embedded in over 350m smart connected
devices, and partners with market leaders such as Samsung,
Qualcomm, Symantec, Gemalto andGood Technology. To learn more about
Trustonic and how it's making your connected world a better place
visit us at www.trustonic.com
###
ENQUIRIES
Intercede Group plc Tel: 01455 558111
Richard Parris, Chairman & Chief Executive
Andrew Walker, Finance Director
finnCap Ltd Tel: 020 7220 0500
Stuart Andrews, Corporate Finance
Joanna Weaving, Corporate Broking
Babel PR for Intercede: Tel: 020 7434 5550
Chris Donkin, Campaign Manager
E. intercede@babelpr.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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