An electronic apparatus includes a communication interface, a memory; and a processor. The memory is configured to store a hypervisor. The processor is configured to obtain an authentication key for performing authentication of an external device. The processor is also configured to encrypt the authentication key based on a key pre-stored in the memory using the hypervisor and store the encrypted authentication key in the memory. Based on a request for information that is stored in the memory being received from the external device, the processor is configured to perform authentication of the external device using the hypervisor. Based on the authentication of the external device being completed, the processor is configured to control the communication interface to transmit the stored information to the external device.