The new Security Solution encloses a CC EAL 6+ certified-hardware Secure Element S3FV9RR chip and dedicated security software. This combo enables the Samsung Security Solution to manage tasks like booting, mobile payment, storage, and other apps securely. Thus, it is perfect for managing sensitive devices such as e-passports, flagship phones, and hardware cryptocurrency wallets.
Quoting the Senior VP of System LSI Marketing at Samsung Electronics, Dongho Shin, the press release reads,
In this era of mobility and contact-less interactions, we expect our connected devices, such as smartphones or tablets, to be highly secure so as to protect personal data and enable fintech activities such as mobile banking, stock trading and cryptocurrency transactions.Hence, with this standalone security solution, Samsung aims at enhancing security on smart devices. Being standalone, this solution works independently of the main processor. Thus, it jazzes up the overall security of the device bearing these SE Chips.
As elaborated, Samsung has coupled the SE Chip and Software with hardware-based root-of-trust (RoT), secure boot, and device authentication. Regarding the role of these features, Samsung states,
As a bootloader initiates, a chain of trust is activated through which each and every firmware with approved keys is sequentially validated. This secure booting process is handled by the RoT, guarding the device against any possible malicious attacks or unauthorized software updates.At present, Samsung has publicly announced the launch of the new security solution. Whereas, it will supposedly be available within the third quarter of this year.
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