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How Secure Enclave gives you Instant Access to your Digital Assets with Hot Storage Vault

Vault12 Guard's Instant Access Hot Storage enables secure local storage of digital assets such as crypto and NFTs with immediate on-device retrieval, and safeguards them from loss by backing them up in your digital Vault.

Have you ever wanted to access your digital assets instantly, but also be sure that they are fully protected?

Do you ever worry about what would happen to your digital assets if your phone were stolen or lost?

Do you want to reduce the time it takes to access assets in your digital Vault?

The dilemmas of phone security

When we started Vault12 in 2014, mobile phones were pretty insecure: all one needed was a USB cable to download the contents of any phone. Internal phone storage was not a secure location for high-value digital assets, so we designed Vault12 from the ground up to implement robust storage security for these early insecure phones.

Since then, phone security has dramatically improved - first thanks to pioneering work from Apple on iPhone and iOS, and more recently in Google Android phones.

The two biggest innovations that have enabled robust security on phones are:

  1. The Secure Enclave - cutting-edge technology with its own separate tamper-proof processing unit, memory, and operating system making it extremely hard to get unauthorized access to native cryptographic keys stored inside.
  2. Biometric Authentication - Apple also pioneered FaceID that is fully controlled by the Secure Enclave at the hardware level, which means even if iOS itself is compromised on your phone, it doesn't give attackers any ability to trick FaceID and unlock the security enclave.

The Secure Enclave approach has been extended across all of Apple's devices, and Cloud vendors have also started implementing the same security architecture to protect sensitive data in the cloud.

With these capabilities setting new standards for device security in both Apple and Google ecosystems, Vault12 can now leverage these hardware innovations to provide simple, instant access to locally-stored digital assets - all while providing a robust, distributed, decentralized social recovery backup that is the hallmark of the Vault12 Guard Cryptostorage platform.

What is the Secure Enclave?

The Secure Enclave is a dedicated secure subsystem integrated into Apple systems on chip (SoCs). The Secure Enclave is isolated from the main processor to provide an extra layer of security, and is designed to keep sensitive user data secure even if the Application Processor kernel becomes compromised.

The Secure Enclave makes it close to impossible for hackers to decrypt sensitive information remotely, and also extremely hard even if they illegitimately gain full physical access to your device (in case of loss or theft). Because the Secure Enclave is a separate system, and because the phone's operating system never actually sees the decryption keys, it's incredibly difficult to decrypt your data without knowing your PIN code.

The risk factor for the Secure Enclave is PIN codes - if your pin code is easy to guess, or simple enough to brute force, losing your phone might eventually lead to other parties getting access to your phone's data days or months later. Keep that in mind generally while deciding what assets should be included in "hot storage" access on your phone - but Vault12 does not rely on the PIN capability of Secure Enclave, in order to prevent such risks from affecting you.

Third-party apps such as Vault12 Guard can also create and store strong cryptographic keys in the enclave to lock down data, but the apps never have access to the keys themselves. Instead, apps make requests for the Secure Enclave to encrypt and decrypt data. This means any information encrypted using the Secure Enclave is incredibly difficult to decrypt on any other device.

When you store a private key in the Secure Enclave, you never actually handle the key, making it difficult for the key to become compromised. Instead, you instruct the Secure Enclave to create the key, securely store it, and perform operations with it. You receive only the output of these operations, such as encrypted data or a cryptographic signature verification outcome.

Many attempts have been made to hack the Secure Enclave, however, none have succeeded in remotely retrieving anyone's keys.

In 2017 a hacker was able to decrypt the Secure Enclave firmware. However he was unable to gain access to any private keys, so there was no actual exploit.

In 2020 a well-known group of Chinese hackers discovered an "unpatchable" exploit on the Secure Enclave chip used by older Apple devices. While it is unclear what was possible with this specific vulnerability, direct access to the physical phone was required to conduct a hack. Apple has already fixed the security breach in A12, A13 and M1 chips.

More details on Apple's Security architecture is available in its annual Platform Security Guide.

What is Biometric Authentication: FaceID?

Photograph of woman's face being scanned - FaceID

Biometric authentication relies on technical sensors that allow you to prove that you are who you say you are using attributes that are unique to each human being. Examples include retina scanning, fingerprint scanning, and facial recognition. Apple has been at the forefront of research and implementation of the facial authentication known as FaceID.

Security & Privacy Features:

  • Face ID data is encrypted with a key that is only available to the Secure Enclave. This data is regularly updated to record changes in your appearance. This data is used to train a neural network in order to enhance the effectiveness of your authentication.
  • Face ID data does not leave your device, and is not backed up to the iCloud. Supported applications that use Face ID for authentication are only notified about whether the login was successful. Apps can not access the Face ID data associated with your enrolled face.

Since your FaceID data never leaves your phone, and is natively stored inside your phone's hardware, it means that hackers cannot "spoof" your face by hacking into a cloud biometric data server and pretending to be you to unlock your keys.

How good is Security on Android Phones?

Security on Android smartphones has historically been below the standard set by iPhones. Even when top Android manufacturers started introducing secure hardware in their devices, the lack of Android platform standards led to a highly-variable array of software, secure architecture approaches, and eventually, to many bugs.

After years of evolution and in response to market needs, Google introduced a tamper-resistant hardware enclave called Titan M which enables tamper-resistant key storage for Android apps, using StrongBox.

StrongBox is an implementation of the Android Keymaster API, which resides in a hardware security module used in Android devices. With this security enhancement standard, Google paved the way for Android devices with secure elements to reach a unified security level across the industry, and to implement features that were previously impossible, like secure applets, across the Android ecosystem - not just by a single manufacturer.

The downside, however, is that these capabilities are fairly new, and not all models of Android smartphones yet support this high level of security. Google Pixel 4 and newer, and Samsung Galaxy Series 20 and newer support StrongBox, and hopefully, many more devices by a variety of major Android manufacturers will too, thanks to Google's initiatives.

Biometrics (Touch/FaceID) on Android phones also still varies by manufacturer, and it is challenging to judge the security of those varying implementations across the industry in a consistent way.

Future uses of StrongBox

StrongBox and tamper-resistant hardware are becoming important requirements for emerging user features, including:

  • Digital keys (car, home, office)
  • Mobile Driver's License (mDL), National ID, ePassports
  • eMoney solutions (for example, Wallet)

All of these features must be run on tamper-resistant hardware in order to protect the integrity of sensitive resources like application executables, user data, and encryption keys.

In order to accelerate the adoption of these new Android use cases, Google has formed the Android Ready SE Alliance. SE vendors are collaborating with Google to create a set of open-source, validated, and ready-to-use SE Applets. StrongBox for SE is qualified and ready for use by Google's OEM partners and currently available from Giesecke+Devrient, Kigen, NXP, STMicroelectronics, and Thales.

You can visit the Android Security and Privacy developer site for more info.

Introducing Hot Storage Vault powered by Secure Enclave

As security on Apple's phone has improved and evolved, Vault12 has combined these innovations with its Cryptostorage platform and the Vault12 Guard app to ensure that any files that you want to have readily available locally are encrypted by the Secure Enclave chip, and can only be decrypted with FaceID.

The best part is that these files that you select for secure local storage are still backed up to your Vault, so it becomes much, much simpler for you to access the files that you need often, and you are not at risk even if you lose your phone.

Local copy is the latest capability of Hot Storage for digial Vault owners that makes the storage of digital assets more convenient whilst still protected by the highest available security. It enables you to designate specific assets to be encrypted with an extremely secure cryptographic key generated inside the Secure Enclave locally on your iPhone.

The asset is always available when needed without the need to contact your Guardians - however, it is also backed up in your Vault just like your other assets, so if your phone is lost or stolen, a full Vault recovery is still possible by contacting your Guardians

Existing assets that are already in your Vault can be made available via Local copy by temporarily unlocking them. Should you want your assets to only be available via your distributed Guardians, you can also remove the Local copy of asset at any time. You are always in control of your assets.

This new capability is super-convenient for frequently-used assets like a BitClout seed phrase (which is frequently required when logging in or logging out), or seed phrases for wallets that you log into from many devices.

Local copy is available in the latest release of iOS and Android versions of Vault12.

The Vault12 Guard "Local Copy" feature in Action

Let's see the "Local Copy" hot storage Vault in action in Vault12 Guard. If you do not yet have a digital Vault, see our guide on setting up digital assets in your personal Vault.

1. Open your Guard Digital Vault

Open Vault12 Guard to view your Vault and digital assets. Select "Add an Asset." For this example, we will choose the options "NFTs," and then "Add Media" to choose a piece of NFT art on your filesystem.

  

Screenshot of empty Vault in Guard app

  

Guard's "Add Asset" screen

2. Add your Asset to Guard

Select the asset to store.

  

Guard's "Add NFT media" screen

 

To utilize hot storage for instant access to the asset in the future, tick the " + local copy" option. Give it a name and press Add to Vault.

The digital asset will now be encrypted and then distributed to your Guardians.

  

Guard's "Save your Asset" screen

3. Lock your Asset in Guard

During this process, encrypted shards of your asset are sent to your Guardians. Feel free to contact your Guardians to ensure that they receive the backup shards. This will ensure that your assets and Vault are protected in the case of loss or theft.

  

"My Vault" screen showing stored assets

4. Instantly retrieve your digital asset in Guard

Once your assets have been synchronized with your Guardians, you can click to view them. For regular assets, your Guardians will need to confirm. For assets tagged for local storage, you can instantly view the asset after biometric authentication with FaceID.

  

Digital asset details and distribution status in Guard

  

Viewing an NFT asset in Guard

You can download Vault at https://vault12.com/download.

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Vault12 Blog

How Secure Enclave gives you Instant Access to your Digital Assets with Hot Storage Vault

Vault12 Guard's Instant Access Hot Storage enables secure local storage of digital assets such as crypto and NFTs with immediate on-device retrieval, and safeguards them from loss by backing them up in your digital Vault.

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Max Skibinsky

Max Skibinsky is a serial entrepreneur, angel investor, and startup mentor. Most recently, Max was an investment partner with Andreessen Horowitz, where he focused on enterprise security and bitcoin and deals with Tanium, TradeBlock, and Digital Ocean. In addition to co-founding Vault12, Max leads the R&D team. Before that Max was the founder and CEO of Hive7, a social entertainment company that became part of The Walt Disney Company. In 2003, Max joined the newly formed Voltage Security, an encryption startup incubated at Stanford University, where he architected and designed an Identity-Based Encryption messaging system that was showcased at DEMO '04. Voltage was acquired by Hewlett Packard in 2015. Max has also advised and invested in many startups graduating from Y Combinator including Eligible, Transcriptic, and ZenPayroll. Max graduated with a masters' degree in theoretical and mathematical physics from Moscow State University.

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Vault12

Social Recovery Vault for Digital Asset Security + Digital Inheritance for protecting the future of money.

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Art Krotou

Art is a crypto-security expert and researcher with serial entrepreneurship background. Having a degree in physics and experiences in multiple cutting-edge industries like fintech, secure hardware and semiconductors, and identity gave him a unique multi-faceted perspective on the problem of key management for individuals in the crypto networks and the evolution of the internet in general.

In his current work, he is specifically researching how cryptographic keys can be inherited without posing a threat to 3rd parties in edge cases. In addition, he advocates for "fault-tolerance via secrets automation". He discusses the quantitative impact of user experience factors on the uptake of non-custodial solutions.

As one of his most notable accomplishments, he co-founded and led through the early years of the company that contributed to the complex technology behind Apple's recent M-series CPUs. He is also the creator of the most friendly and aesthetically pleasing, but nonetheless super secure and fault-tolerant hardware wallet - U•HODL.


Check out his curated series of "Vault12 Learn" contributions below, and follow him on Twitter and LinkedIn for more sharp insights.

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Backup and Inheritance for Bitcoin

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Inheritance: Get ready today.

Vault12 Digital Inheritance is the first solution to deliver an effortless and secure method for transferring a variety of digital assets — including Bitcoin (BTC), Ethereum (ETH), other cryptocurrencies, and data — to future generations.

This innovative system enables users to appoint either a person or a mobile device as a guardian. The designated guardian is entrusted to protect the user's comprehensive collection of digital assets, encompassing seed phrases, private keys, and other confidential information, safely stored within a decentralized digital Vault.

This process not only mitigates potential risks but also removes the necessity for regularly revising asset inventories or modifying instructions, which often leads to breaches in privacy.

Screenshot of Vault12 Guard apps - Add an Asset screen

Secure Decentralized Backups and Storage.

Designed to be used alongside traditional hardware, software, and online wallets, Vault12 Guard helps cryptocurrency owners, safeguard their digital assets without storing anything in the cloud or in fact, any one single location. This increases protection and decreases the risks of loss.

Note:The Vault12 Guard app is not a crypto wallet and does not hold cryptocurrency. Using a non-custodial approach, a digital Vault safeguards your Bitcoin or Ethereum wallet seed phrases, private keys, and other essential data.

The Vault12 Guard app enables secure decentralized backups and provides inheritance for all your digital assets, including Bitcoin, Ethereum, crypto wallets, and other digital data.

Collectors, ensure your Art is protected for the future.

Collectors, ensure your Art is protected for the future.

Whether your digital art is suitable for a phone, or represents much higher resolution multimedia, make sure that you have backed up a copy in case the resource link is disrupted in the future. Digital art can easily be added to the Vault either via the mobile app or via the desktop utility. Once you have stored your artwork in your Vault, it will also benefit from inheritance once you activate that in your app.

Screenshot of Vault12 Guard app - Adding data into the Vault

Protect your home and family's data.

Whether you are at home or away, make sure that essential data about your home and family - including IDs, medical records, insurance information and home safe combinations - is backed up and available at your finger tips.

With a secure decentralized backup Vault, you can ensure that, in any event, you always have access to important information, wherever you are.

Learn

Step-by-step guides for setting up your digital Vault and adding assets, inheriting and restoring Vaults. Vault12 Guard helps you inherit and back up all assets stored in your Vault, including Bitcoin, Ethereum, crypto, private keys, seed phrases, digital wallets, and essential home & family data.

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Vault12 Digital Inheritance is the first solution to offer a simple, direct, and secure way for all types of investors to ensure that all of your digital assets can be accessed by future generations.

The Vault12 platform provides protection, backup resilience, and security to your digital assets. Vault12 Digital Inheritance enables you to designate a beneficiary (an executor, trustee, or other chosen beneficiary) who can inherit the entire portfolio of digital assets that you choose to store in your Vault. There is no need to continually update an inventory or to issue updated instructions.

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