IKV-Tech’s iBadge solution uses a cryptographic authentication chip to offer IoT service providers a hardware-based security management platform. The device authentication and counterfeit protection of this platform will secure business model and profitability. IoT devices possess special characteristics of easy connection and sustainable security. The IoT assets and architecture require the effective protection from threats such as counterfeiting.

IKV-Tech was invited to Infineon headquarter located in Munich, Germany, joining IoT Security Circle. As one of the members in Infineon Security Partner Network, IKV-Tech displayed a smart lock solution integrated with Infineon security chips. The mechanism provides mobile devices with high-speed encryption and authentication service.

Vulnerabilities of transaction via hot wallets

On July 12, 2019, Tokyo-headquartered cryptocurrency exchange Bitpoint promptly suspended its services after noticing an error in the outgoing funds transfer system. Soon, an official announcement followed, revealing that the trading platform had lost around 3.5 billion yen (roughly $32 million) as a result of a security breach. 

CYBERSEC 2019 ended perfectly on March 21^st. Held in Taipei International Convention Center (TICC) and Taipei World Trade Center (TWTC), the 3-day event attracted more than 180 international and local IT security vendors, displaying cutting-edge products and service and with over 250 speeches and around 8,000 participants.