Intel Identity Protection Technology - how does it work

[#1]

Just noticed this in the Firefox plugins since updating to an i5 cpu and loading the motherboard device drivers
What does it do - in simple terms
Is it only valid on Win 8 and higher
Which sites or accounts use it

[#2]

WOW this is what intel says Jim
Intel® Identity Protection Technology provides a hardware root of trust, proof of a unique PC, to websites, financial institutions, and network services that it is NOT malware logging into an account. While a username and password shared with other sites may be compromised by a data breach at another site, the shared secret between the PC and each site is unique and is used to generate a one time password providing an additional factor at each login that is valid for only 30 seconds making it difficult for malware to steal and reuse.
http://www.cnet.com/uk/news/intel-chips-let-web-sites-check-your-computers-id/

[#3]

yes and I don't see how it is going to be used or where
just checked a bit further
http://www.cnet.com/news/intel-chips-let-web-sites-check-your-computers-id/
So if I use more than one device to login to a supported site I am stuffed if I set it up - great

[#4]

Think i would not enable it  
Just checked its on my 4690k  but i think you have to DL the software ,, it looks like it snoops around your PC too 

[#5]

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So if I use more than one device to login to a supported site I am stuffed if I set it up - great

Maybe not completely stuffed, assuming you've got a mobile

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If you want to use the authentication but you aren't at your regular computer, some Web sites offer an SMS option in which a code can be sent to a customer's phone.