Verisec’s European patent application for shared secrets has been granted

Press release

The IT security company Verisec today announced that the European Patent Office has granted its patent application for the secure exchange of sensitive data on the Internet.

In 2014, Verisec initiated the process of exchanging so-called shared secrets patented at European level. The European Patent Office (EPO) published on the 26th October 2016 the grant of patent EP 2 894 891 validated in the countries of Belgium, Estonia, Finland, France, Italy, Latvia, Netherlands, Switzerland, Spain, Great Britain, Sweden, Germany and Austria. Now the opposition date of the patent has expired without any objection.

What is being patented is the process of exchanging so-called shared secrets, such as an activation code, for connecting individual entities like a mobile phone, to an individual and its identity. The result is thus a secure solution for activating a digital identity. The process can also be used to enable multiple devices connected to one individual.

The patented process will be used when implementing features in the newly launched electronic identity Freja eID, but also in other products in Verisec’s product portfolio.

Johan Henrikson, CEO Verisec, comments:
“Naturally, we are very pleased that our patent application has been granted. Thanks to our patented shared secrets process, doors open for many new security solutions for both the individual as well as enterprises. The patented process is particularly important when issuing identities when a device is to be linked to an individual. Being able to make this connection in a cost-effective and secure way, shortens waiting times for the end user and ensures personal integrity.

For more information, please contact: 
Johan Henrikson, CEO Verisec
Phone: +46 733-45 89 02
e-mail: johan.henrikson@verisec.com

Press release in PDF.