In one embodiment, an apparatus includes a non-volatile storage to store a seed value and a signature that is based on an iterative execution of a function for a predetermined number of intervals. The apparatus may further include the security processor coupled to the non-volatile storage, where the security processor is to independently recover a credential for an updated version of the firmware based at least in part on the seed value and a security version number for the updated version of the firmware. Other embodiments are described and claimed.