The Licel vTEE provides next-level security for sensitive mobile operations. The EMVCo-evaluated Licel vTEE offers a secure execution environment for trusted applications to perform sensitive transactions. It protects against sophisticated attacks, ensuring user trust. This enables peace of mind and accelerates innovation in digital payment fields like SoftPOS and mobile wallets, which must comply with TEE-based requirements. The Licel vTEE is designed to prevent mobile fraud and protect sensitive data like payment credentials and protected health information (PHI). It features an isolated execution environment for trusted applets, offering more than just secure storage for sensitive keys. It comes with a software-based cryptographic module (SBCM) and a dynamic virtual machine that leverages DexProtector’s security mechanisms. The Licel vTEE is a digital chip inside your application containing a virtual machine that functions like a mini operating system. Trusted applets operate securely within this environment, protected from outside interference and attacks. The virtual machine connects to the secure storage element of the virtual trusted execution environment, where sensitive key material is stored, and the software-based cryptographic module (SBCM). DexProtector’s Runtime Engine is also linked to the vTEE’s virtual machine, enabling its robust protection mechanisms. Each layer is linked and reinforced, making intrusion almost impossible. The Licel vTEE’s CryptoModule Applet keeps cryptographic key material secure. As a virtual trusted execution environment, the Licel vTEE is more nimble than legacy hardware-based TEEs. Hardware TEEs face delays in updates and fixes, taking weeks or months to get back online, while a vTEE requires days or hours. This virtual reinforcement leads to significant savings in lost revenues and reputations. The Licel vTEE is EMVCo-evaluated, ensuring a smooth certification process. The Licel vTEE is the only virtual trusted execution environment with an EMVCo Security Evaluation Certificate under the SBMP TEE category. This is beneficial for obtaining EMVCo or PCI MPoC certification for Mobile Wallet apps or SoftPOS solutions, as specific requirements refer to TEEs or vTEEs.
