Covr Security to Secure Heaven Token Wallet in Major Partnership

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Covr Security is excited to announce a landmark partnership with Heaven Token, aimed at securing the Heaven Token Wallet and making it the most secure digital wallet in the world. This collaboration is set to raise the bar for blockchain wallet security, ensuring Heaven Token users can manage their assets with unparalleled peace of mind.

Transforming Blockchain Security with Heaven Token

Heaven Token, the cryptocurrency powering the Heaven Eco Hub, is not just a digital asset but part of a comprehensive platform that includes decentralized services for lifestyle management, wellness, and community-building. As this ecosystem grows, safeguarding the digital wallets of its users becomes critical.

Covr Security’s cutting-edge technology will now be the backbone of the Heaven Token Wallet, providing a multi-layered security approach with the following key features:

                •             Out-of-Band Authentication: This ensures that all authentication and transaction approvals happen outside the primary communication channel, dramatically reducing the risk of cyberattacks.

                •             Device Binding: The wallet will be tied to the user’s specific device, ensuring only authorized access is permitted, even if login credentials are compromised.

                •             Automated App Recovery: In case of lost or damaged devices, Covr’s app recovery system guarantees a fast, secure method for users to regain access to their wallets.

A Partnership for Unmatched Digital Security

With Covr Security at the helm, the Heaven Token Wallet will become the most secure wallet in the global blockchain landscape. Covr’s proven expertise—already trusted by financial institutions such as Bangkok Bank and health insurers like Mitera—will deliver robust, innovative protection against evolving digital threats.

Together, Covr Security and Heaven Token are leading the charge in creating a secure future for blockchain-based transactions and digital asset management. Stay tuned as we continue to roll out these advanced features to elevate the Heaven Token Wallet to new heights.

For more information about how Covr Security can protect your business, contact us.

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Covr Security and Shush Inc. Announce Strategic Partnership to Enhance Digital Security Solutions

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Covr Security and Shush Inc. to work together to create advanced digital security solutions to better serve their customers.

Malmo, Skane Jul 11, 2024 (Issuewire.com)  – Covr Security and Shush Inc. Announce Strategic Partnership to Enhance Digital Security Solutions

Covr Security AB, a pioneering Swedish cybersecurity firm, is thrilled to announce a strategic partnership with Shush Inc., a leading provider of innovative Network Authentication solutions. Through this collaboration, Covr Security and Shush Inc. will work together to create advanced digital security solutions to better serve their customers.

Covr Security, established in 2015, is renowned for revolutionizing mobile and digital security. Specializing in providing an innovative mobile security management platform, Covr Security primarily caters to sectors necessitating robust customer authentication and privacy, such as online banking, digital payments, and mobile banking. Their platform stands out for its advanced multi-factor authentication methods, offering unparalleled protection against cyber threats.

“We are delighted to collaborate with Shush Inc. to develop advanced digital security solutions,” said George Fraser, Chief Revenue Officer of Covr Security. “This partnership represents a significant step forward in our mission to make the internet a safer place for everyone. Together with Shush Inc., we are committed to delivering cutting-edge cybersecurity solutions that provide unmatched protection and peace of mind to our customers.”

This strategic partnership between Shush Inc. and Covr Security reflects their shared commitment to advancing digital security and providing exceptional solutions to their clients. By combining their respective strengths and resources, the two companies are poised to deliver innovative cybersecurity solutions that address the evolving needs of today’s digital landscape.

“We are incredibly excited to partner with Covr Security to enhance digital security solutions for our customers,” said Eddie DeCurtis, Co-Founder & CEO of Shush Inc. “Covr Security’s expertise and innovative approach to cybersecurity aligns perfectly with our commitment to providing cutting-edge Network Authentication solutions. Together, we aim to empower our clients across various industries with secure, seamless digital transactions, fundamentally transforming the way businesses and consumers experience online security. This partnership is not just a collaboration; it’s a leap forward in making the internet a safer and more trustworthy place for everyone.”

About Shush Inc.:

Shush Inc. is a leading provider of Network Authentication solutions, dedicated to redefining convenience and reliability in the industry. With a focus on innovative authentication processes, Shush Inc. empowers Mobile Network Operators with robust security solutions tailored to meet their unique needs. For more information, visit www.shush.pw

About Covr Security:

Covr Security is a pioneering Swedish cybersecurity firm, renowned for revolutionizing mobile and digital security. Established in 2015, we specialize in providing an innovative mobile security management platform, primarily catering to sectors necessitating robust customer authentication and privacy, such as online banking, digital payments, and mobile banking. Our platform is distinctive for its advanced multi-factor authentication methods, offering unparalleled protection against cyber threats. This user-centric solution empowers our clients across various industries with secure, seamless digital transactions, reflecting our commitment to making the internet a safer, more trustworthy place. For more information, visit www.covrsecurity.com

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A new era to look forward to in the EU regarding digital wallets

There are incredibly exciting times ahead with regards to digital wallets in the EU – On February 29, 2024, the EU Parliament approved changes to the eIDAS regulations, paving the way for a unified digital identity across Europe. This regulation is set to be effective by the end of March, initiating a sequence of actions including a six-month deadline for outlining the EU Digital ID Wallet’s technical specs, with full implementation by 2026 ( where each member state needs to make a digital identity available to its residents) .

This advancement aims to provide an interoperable digital identity framework that allows individuals and businesses to securely integrate personal details such as IDs and educational qualifications into digital wallets, fostering a streamlined, digital Europe. The digital wallet is designed to be voluntary, emphasizing user control over data through technologies like zero-knowledge proofs, which ensure privacy and security by encrypting user data with a unique key. For those interested in the detail, Section 5 of the Architecture Reference Framework lists the current mandatory, optional, and possible additional attributes that are included in the eIDAS framework.

Why is it important to Covr – At Covr, we are already deeply aligned with the EU objectives, having created a digital wallet for the EU’s horizon project. Our vision is a decentralised wallet where the users is in complete control of the distribution of the attributes on the wallet, and yet it is something that is highly secure and easy to be shared securely within an interoperable digital framework.

Zero Trust First – Zero-knowledge proofs are pivotal for privacy and security in digital identities, as they enable verification without revealing underlying information. This technology allows a party to prove the possession of certain information, like an identity attribute, without exposing the information itself, thus maintaining privacy. Covr Security integrates such technologies by ensuring that users can authenticate and perform transactions securely, without compromising personal data. This approach aligns with the EU’s digital wallet initiative by bolstering trust and security, making digital interactions safer and more private.

The impact and implications – The EU digital wallet initiative holds profound implications for citizens and businesses, streamlining access to services across borders while enhancing security and privacy. For individuals, it promises greater control over personal data and simpler interactions with both public and private sectors. Businesses stand to benefit from a unified digital market, reducing friction in customer interactions and transactions, fostering trust, and potentially driving innovation in services and identity verification processes. This initiative could significantly impact how personal identity and data are managed and utilized in the digital age.

The challenges and opportunities – The EU’s digital wallet implementation faces challenges like ensuring widespread adoption, addressing the digital divide, and maintaining robust security and privacy protections. Being based in Sweden, Covr understand well what it took to move BankID from a new , hardly used initiative to something that now covers 98% of the Swedish population. We know what the opportunities look like too – including fostering a unified digital market, enhancing user control over personal data, and spurring innovation in digital services. Success hinges on balancing these aspects while promoting inclusivity and trust

Join us – As we embark on this transformative journey with the EU’s digital wallet initiative, we invite any stakeholder to reach out to us to help shape a secure and inclusive digital future. Together, let’s seize this opportunity to innovate, secure, and simplify digital identity and transactions for everyone in the EU.

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Meet us At LEAP ’24 in Riyadh

Come meet the Covr team at Leap 24, and hear first hand of our recent successes. Understand how you too can deliver a more secure and user friendly customer experience in a matter of days. Reach out to our Chief Commercial Officer, George Fraser ,on Linkedin to set a meeting up with the team.

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Join Covr at Intersec 2024 Dubai

Covr are excited to announce that our Chief Revenue Officer, George Fraser, and the team will be attending Intersec 2024 in Dubai ! It takes place from the 15th to the 18th January 2024 at Dubai World Trade Centre, and is a fantastic opportunity to connect and discuss the latest in cybersecurity trends. We are looking forward to meeting industry peers and sharing insights. If you’re attending and would like to meet, please feel free to reach out to George and the team on LinkedIn. Let’s connect and explore collaborative possibilities !

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Covr Security Secures a Multi-Million Dollar Deal with Major Asian Bank

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Covr Security is thrilled to announce a landmark achievement in the banking sector with a multi-million dollar deal with a prominent Asian bank. This major win involves transitioning the bank from traditional physical hardware tokens to a state-of-the-art, all-digital multi-factor authentication (MFA) system. This shift represents a significant leap forward in digital security, offering a more streamlined, efficient, and user-friendly experience. Covr Security’s role in this project highlights its expertise and commitment to delivering advanced, secure, and innovative digital solutions for the financial industry. The successful implementation of this project not only demonstrates Covr Security’s technical prowess but also cements its position as a leader in digital security transformation.

Oue expectation is that this deal will rapidly expand to include further divisions of the bank. Watch this space for further updates

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Covr Announces delivery of project for EU Horizon Programme

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We are excited to announce a remarkable achievement in the digitisation of access to physical premises using Digital Identity. As part of a a collaboration between Oribi Group (https://www.oribi.nl/en) and Covr Security (https://lnkd.in/dkynfKyK), our recent demonstration at a major European port marks a significant milestone in this joint effort.

The project centred around the development and deployment of the ShowID system, an innovative digital process designed to revolutionize the way port authorities (or any other business for that matter) manages physical visitor access. This system was meticulously crafted and demonstrated at a European port (details to follow…), showcasing its unique capabilities.

Our approach was to simplify the visitor registration process. With ShowID, visitors can register their credentials digitally in advance, leading to a seamless and more secure entry on subsequent visits. The system integrates ID verification, ticket claiming, and secure access control, all streamlined through a user-friendly app and customer portal.

What sets ShowID apart is not just the reduction in waiting times at the gates or the lowered administrative burdens; it’s about how we’ve developed a re-usable digital ID that is only stored in the users device (and shared only when given permission by the users), but also the detection of unauthorized access attempts, as our ID can only be created using a passport or national ID that contains a chip (which we validate against). The result is a system that not only bolsters security but also optimizes the operational workflow.

This project is a testament to the power of collaboration in achieving innovative solutions. As part of the EU’s Horizon research and development programme, we are indebted to SecureIT (www.secureit-project.eu) for their support and funding, which was instrumental in bringing this vision to life.

As we prepare to share more details about this ground-breaking project, we invite you to reach out to us directly if you’re interested in learning more or exploring how ShowID can benefit your operations. Stay tuned for more updates and a deeper dive into this transformative security solution.
hashtag#COVR hashtag#ORIBI hashtag#SecureIT hashtag#digitalidentity

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Join us at Seamless Saudi Arabia from 4th – 5th September 2023 in Riyadh

Covr are excited to announce that our Chief Revenue Officer, George Fraser, and the team will be attending Seamless 2023 in Riyadh ! It takes place from the 4th to 5th September at Riyadh front, and is a fantastic opportunity to connect and discuss the latest in cybersecurity trends. We are looking forward to meeting industry peers and sharing insights. If you’re attending and would like to meet, please feel free to reach out to George and the team on LinkedIn. Let’s connect and explore collaborative possibilities !

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Secure Card Payments

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