Bug Labs and Pitney Bowes Announce First Modular, Mobile Device Development Platform with Hardware-level Security Protection
March 14 2011 - 9:00AM
Business Wire
Bug Labs, an open source hardware and software provider that
gives companies the tools and support needed to prototype, pilot
and produce innovative networked devices with ease, and Pitney
Bowes Inc. (NYSE: PBI) today announced the industry’s first
modular, mobile device development platform incorporating
hardware-level security and security life-cycle management
services. As a new addition to Bug Lab’s flagship open source
device prototyping platform, BUGsecure offers enterprises a
flexible, trusted platform with the highest level of data
protection and encryption available. Current devices on the market
rely on software security, making them more vulnerable to breaches.
BUGsecure provides a deeper level of security by fully protecting
the device’s hardware and operating system, not just its
application software.
Enterprises today are looking to capitalize on the growing
demand for innovative machine-to-machine (M2M) wireless devices,
but are also under pressure to produce new devices that are
safeguarded from potential holes that current mobile security
solutions cannot fill. In addition, the security of wireless device
data is critical to help ensure it cannot be manipulated and
modified, which can result in risk exposure and a damaging loss of
revenue for enterprises. Bug Labs and Pitney Bowes developed
BUGsecure to empower enterprises to help eliminate these common
security risks and develop new devices they can trust will protect
sensitive data.
Providing a level of security that is currently unavailable in
some popular mobile and wireless devices, BUGsecure combines the
power and functionality of the Bug Labs BUGbase 2.0 with an
embedded tamper-responding security chip from Pitney Bowes which
provides cryptographic processing, a secure time source,
transaction management, remote security lifecycle management, and
third party server validation. It is also compatible with 3G and 4G
mobile development platforms, as well as all standard Bug System
modules to further lower the entry point for enterprises looking to
bring custom, secure devices to market. Combined, this
functionality makes BUGsecure a platform that can be trusted for
developing devices running applications that require a high-level
of assurance, such as those in the financial, pharmaceutical and
metering industries.
“Until now, enterprises have been reliant on software-based
security measures for their applications. Since these measures do
not execute within a trusted hardware environment, system security
can be compromised by malicious programs, rogue code or even user
actions. For enterprises operating in highly regulated industries,
this low-level of security is not only a concern, but can be
devastating for their businesses if information is accessible and
altered externally,” said Peter Semmelhack, founder and chief
executive officer, Bug Labs. “BUGsecure provides enterprise
hardware developers with the freedom to not only develop new,
custom wireless devices quickly and affordably, but also the trust
needed to ensure that critical data is protected. Enabling
innovation is at the heart of our business and our latest venture
with Pitney Bowes aims to inspire that development philosophy to
take hold in industries that have been hesitant about proprietary
device development to date.”
“Pitney Bowes has been providing organizations with technology
and systems to help protect data and funds for more than 90 years,”
said Joseph Timko, executive vice president and chief strategy and
innovation officer, Pitney Bowes. “By teaming up with Bug Labs, we
can now offer device development platforms with the same security
technology that has been used in Pitney Bowes mailing systems to
secure funds for decades. With our technology, organizations can
trust that their highly sensitive data and applications are secure,
with minimal exposure to fraud and liability.”
Pitney Bowes holds thousands of patents worldwide in encryption,
cellular-phone payment, shipping, laser printing, and mail
production and processing. The company’s Postal Security Device
(PSD) uses the latest technology approved by the United States
Postal Service® to secure funds. This technology eliminates the
need to perform physical inspections of mailing systems. The PSD
contains the funds and performs all calculations necessary to print
meter stamps that comply with current USPS standards.
The development of BUGsecure is a direct result of the strategic
partnership between Bug Labs and Pitney Bowes, which was formed out
of the companies’ common goal to help enterprises bring new,
innovative devices to market quickly and affordably.
To learn more about Bug Labs, please visit www.buglabs.net. To
learn more about Pitney Bowes, please visit www.pb.com.
About Bug Labs
Bug Labs provides products and services that allow businesses to
prototype, pilot and produce innovative networked devices quickly,
easily and affordably.
Bug Labs is a sought-after innovation partner for Fortune 500
enterprises looking to expedite their internal product development
programs in vertical markets including healthcare,
machine-to-machine (M2M), telematics, and home automation. Bug
Labs’ long list of partners includes leading-edge systems
integrators, network service providers, and hardware suppliers and
distributors, providing enterprise clients an immediate support
system to make their product innovation a reality.
The company was founded in 2006 and is headquartered in New York
City. For more information about Bug Labs, please visit
www.buglabs.net.
About Pitney Bowes
Delivering more than 90 years of innovation, Pitney Bowes
provides software, hardware and services that integrate physical
and digital communications channels. Long known for making its
customers more productive, Pitney Bowes is increasingly helping
other companies grow their business through advanced customer
communications management. Pitney Bowes is a $5.4 billion company
and employs more than 30,000 worldwide. Pitney Bowes: Every
connection is a new opportunity™. www.pb.com
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