An authorized information handling system (IHS) generates unique identifier codes for an OEM (programmable) device designed as a component for an IHS. An identifier generation and validation (IGV) controller in the authorized IHS generates a unique encrypted sequence by encrypting identification (ID) data read from the OEM device. The IGV controller generates a unique OEM identifier code by further encrypting the encrypted sequence using a first OEM proprietary code. The IGV controller writes the first identifier code to a pre-specified storage location of the OEM device. According to one embodiment, the IGV controller generates the unique OEM identifier code using a second reversible encryption-decryption component that comprises an Exclusive-OR (XOR) scrambler engine and generates the unique encrypted sequence using a first reversible encryption-decryption component that comprises an LFSR based scrambler, which utilizes polynomial coefficients that are securely generated and maintained.