SCM Rolls Out Computer Lock, Password Manager on a Smart Card-Secured USB Stick

New consumer gadget securely stores all passwords on a USB stick, contains smart card chip inside

April 1, 2010

2 Min Read


SANTA ANA, Calif., March 30, 2010 " Having trouble remembering all your passwords? Safely store your passwords, take them wherever you go, and lock up your computer whenever you leave with CHIPDRIVE' MyKey, a new easy-to-use smart card USB stick from SCM Microsystems. So small it fits in your pocket, it combines a portable, encrypted and PIN-protected password manager with a Microsoft' Windows' access lock to prevent prying eyes and identity thieves from accessing your PC or laptop and its data. CHIPDRIVE MyKey is compatible with Windows 7, Vista, XP and 2000. Available in Europe for more than a year, it is now available in the U.S. for a suggested price of $29.99 from leading online retailers including Amazon,, CompuPlus, eCost, Staples and others. "Identity theft has been the number one source of consumer fraud complaints reported to the Federal Trade Commission (FTC) for the last seven years, and more than 50 percent of identity theft is the result of thieves accessing personal information and data stored on a computer," said David Holmes, vice president and general manager, SCM Americas. "CHIPDRIVE MyKey's Password Manager lets you take your most confidential bank or investment account passwords and other sensitive information out of the PC and securely store them on a smart card chip, where they are encrypted and PIN-protected and not vulnerable to any malware that might infect your PC." Remembering all of your passwords is another big problem everyone faces. What is worse is the common practice of using the same password for multiple sites. MyKey solves password problems by providing a convenient, portable password manager that you can use from any computer " at home, at work, or at a friend's " so you don't have to memorize the passwords for all the Web sites you access. In addition, another feature called Computer Lock gives you a hassle-free way to protect your sensitive information when you are away from your computer. Just unplug your MyKey and it locks your desktop; no one can access your PC without it, even if they know your password. The company behind CHIPDRIVE MyKey, SCM Microsystems, is already a leading provider of smart card-based security solutions in the United States, and has shipped more than two million devices to the U.S. Department of Defense and other federal government agencies. In 2009, global growth consulting firm Frost & Sullivan recognized SCM for this success with the North American Smart Card Readers Market Leadership Award. How It Works CHIPDRIVE MyKey is extremely simple for consumers to install and use in three easy steps.

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