Biometric ID and The Cashless Society On One Chip: "Single Tap" Subservience

With integrated near field communication (NFC) technology, a secure processor and biometric capabilities all on one chip, the new SoCs isolate user authentication from the host computing system through a multi-factor, multi-choice authentication and data protection process. The cost-effective security platform can be leveraged across product families and form-factors, allowing IT managers to have a consistent security platform throughout the organization. NFC is poised to become ubiquitous in smartphones and consumer electronic devices over the next few years and can be utilized in PCs and tablets for user authentication, payment, virtual currency transactions, ticketing, advertising, and location-based services and applications. With the rise in enterprise network security breaches and increasing concerns related to social media sites and data stored in the cloud, security experts, suppliers and service providers alike see the need to improve network security. With this in mind, Broadcom developed Credential Vault, a feature at the core of the SoC where user and device keys and credentials are securely stored. The hardware-based authentication provided by the SoC can be directly linked to data access on self-encrypting hard drives (SED), thus offering an additional layer of security for critical user data. Technologies such as cloud computing may also require repeated authentication throughout the work day. Broadcom's secure SoCs ease the use of cloud computing applications by eliminating the need for repeated log in and authentication through enterprise-class single sign-on applications. Read Full Story