With the development of the fintech industry and the widespread use of chips in fintech products (e.g. financial IC cards, acceptance terminals, security units, cryptographs, etc.), the security of chipsis becoming increasingly important tothe fintech industry.
The adoption of a security chip can fundamentally improve the level of risk prevention and control of fintech products, and can effectively protect sensitive user information in the chip against illegal access to the chip and external attacks. The central processor is the computing and control core of the chip product, and is the final execution unit for information processing and program operation. The security of the central processor has a significant impact on the security design of the chip.

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To this end, the preparation of the Financial Security Chip Central Processor Security Technical Specification （T/BFIA 007—2021）is of great significance in enhancing the competitiveness of FinTech products. After two years of writing and revision, the Financial Security Chip Central Processor Security Technical Specification was considered and approved by the Alliance at the third meeting of its second council on 2 December 2021, in accordance with the provisions of the Management Measures for Group Standards of the Beijing Financial Technology Industry Alliance.

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CoreTech, with its professional insight in the field of processor security, has been involved in the writing and revision of this specification. It is believed that with the release of the specification, the technical evolution of open architecture secure processors will be greatly facilitated.

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