Spansion, a flash memory chip maker, plans to fight mobile phone viruses and data theft with new security technology it puts right into its chips, the company said Tuesday.The company plans to beef up protection by adding a mobile security chip to the embedded flash memory chip package it offers to wireless handset makers, the Spansion Multi Chip Package. The chip uses a range of encryption, authentication, random number generation and other security features to ward off hackers, malware or thieves attempting to hijack a financial transaction or a user’s service. It’s also designed to back up data for speedy recovery.The new chip will add a level of security to devices because it’s in with the memory, exactly where user data is stored. It’s also a hardware system, not a layer of software added onto a handset, which is generally more difficult for thieves to tap into. Spansion says the hardware protection spans multiple zones of memory, such as separate, secured areas for the user, the operator, for content rights objects and for the handset manufacturer.If the chips stand up to time and hacker tests, they could encourage users to make more financial transactions with their handsets, including Internet purchases, attending auctions on eBay or using their handset like a credit card. The company said its security chip can be used with any OS or chipset, and a wide price range of handsets. It will be available to handset developers in the first half of next year.The security chip will include a mechanism to lock a mobile phone’s SIM card and render a phone useless if it’s stolen. It will also ensure a phone continues to operate even if it has been infected with a virus by preserving the OS and data inside. For users looking for their mobile phone to replace their wallet, the chip will also add security for financial transactions and contactless payment in stores. — Dan Nystedt, IDG News Service (Taipei Bureau)Related Link: Mastering Mobile MadnessCheck out our CIO News Alerts and Tech Informer pages for more updated news coverage. Related content BrandPost Why CISOs Are Looking to Lateral Security to Mitigate Ransomware How to fight ransomeware attacks with lateral security By VMware Mar 27, 2023 2 mins VMware Cloud Security Feature State of the CIO, 2023: Building business strategy Despite a focus on core modernization and transformation work, 2023 State of the CIO respondents say CIOs are playing a strategic leadership role with impact that transcends IT. By Beth Stackpole Mar 27, 2023 11 mins CIO Business IT Alignment Digital Transformation Analysis Why data leaders struggle to produce strategic results A recent Gartner survey of data and analytics leaders found that fewer than half think their teams are effective at providing value to their organizations. Here’s how to change that equation. By Thor Olavsrud Mar 27, 2023 8 mins Chief Data Officer Data Management IT Leadership BrandPost How Infosys and Tennis Australia are harnessing technology for good By Veronica Lew Mar 26, 2023 6 mins Infosys Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe