Securing the Mobile World
Finis Conner, co-founder Seagate, founder Conner Peripherals, (which reached $1.3B in sales in its fourth year), recognized that effective security in the mobile world requires protecting the full stream of mobile security: device, user, and data.
Biometrics represents the future of mobile security. But biometrics files—fingerprints, iris, voice, face, etc.—are no panacea. To avoid compromise by hackers, biometrics files must be kept secure, which means storing them separate from the mobile device, as part of a multi-factor authentication strategy.
A sophisticated biometrics-based identity authentication system must utilize multiple biometrics, ideally in a randomized scheme. Today’s smart cards are inadequate to store these files; and the alternatives, such as storing these files on the mobile device itself, violate the basic tenets of multi-factor authentication. Hence BluStor: secure, powerful, portable.
- Low technology risk: BluStor’s proprietary IP uses available components
- Low barriers to acceptance: Smart cards are already used for secure applications: medical, national ID, border crossing
- Large and growing markets: Sales of mobile devices reached 1.1 billion worldwide in 2013; growing to 1.87 billion in 2017
- Low capital risk: BluStor will partner with existing manufacturers and outsourced engineering, to minimize costs and time to market
BluStor is positioned to drive this market, with patented technology and an executive team that has created and built some of the fastest-growing companies in history.
Exponential Growth
Smart Cards
Worldwide smart card market: 6 billion units per year, growing to 8.8 billion cards by 2015.
Mobile Devices
1.6B 3G (high-speed) mobile users worldwide 2012, rising to 6.5 billion in 2018