nfctrusted Archives - WISeKey

WISeKey Cyber Protection Technology Available to SmartCars at the Geneva Auto Show

wisekeyProduct — Thu, 03 Mar 2016 12:02:25 +0000

Geneva, New York –March 3, 2016 — WISeKey,a Swiss based cyber security company, today announces that hasmade its cyber protection technology available to all car manufacturers presenting their smart cars at the2016 Geneva Auto Show.
All new cars on the market today include wireless technologies that could pose vulnerabilities to hacking or privacy intrusions as current systems and data security remain largely unprotected. Smart cars without cybersecurity protection technology could allow hackers to gain remote access by exploiting vulnerabilities in their connected ecosystem. While the number of cars connected to the internet keeps growing quickly (to over a quarter of a billion by year 2020, as estimated by Gartner) smart car manufactures are working to identify and reduce potential hacking vulnerabilities in their vehicles.
Carlos Moreira, WISeKey’s founder and CEO, said, “As cars continue to evolve, essentially become giant computers on wheels, they are vulnerable to the very same threats and attacks as home computers, laptops and smartphones. Hackers can easily access the vehicle’s computer system, manipulate the brakes, engine, and transmission, using laptops from their living room. Our technology, is designed to secure and protect identity and avoid malicious hacking.”
WISeKey is currently deploying several large IoT Cybersecurity projects and is working with car manufacturers to apply its technology to cars to strengthen their Digital Identification of both, drivers and smart car operating system, and digitally sign and encrypt the information these cards are sending to Trusted Clouds. The concept is to allow cars to be accessible only via secure identity that can be stored on apps or wearables (see video https://www.youtube.com/watch?v=GAyKfPOYwws).
WISeKey’s solution reduces potential security threats by:

Embedding digital certificates, using WISeKey’s Public Key Infrastructure and OISTE’s Global Rootkey into NFC Trusted® tags, whichcan be installed and connected to existing advanced driver assistance systems and car operating systems.
Providing a Digital Certificate to authenticate each sensor installed inside a smart car.
Protecting driver’s personal data as smart cards cars collect massive amount of data and essentially know everything about the driver’s personal behavior and movements, which is much similar to current smartphones.

About WISeKey
WISeKey is a leading information cybersecurity and identity Management Company, a Global growth Company partner of the World Economic Forum, providing specialized technologies for data protection, effective identification and authentication of people or objects to ensure secured communications and transactions without compromising trust.
WISeKey Social Media accounts Twitter @wisekey, Linkedin, Facebook, Instagram

WISeKey:Youmna Abisaleh, Head of Marketing and SalesTel: +41 22 594 30 40Email: yabisaleh@wisekey.com

Investor Relations:Lena Cati, The Equity Group, Inc.Tel : +1 212-836-9611Email: lcati@equityny.com

WISeKey presenting smrtcty.com at the Bloomberg Technology Conference: What happens when smart cities go wrong?

wisekeyProduct — Thu, 18 Jun 2015 14:55:50 +0000

Discover more about WISeKey Smart Secure City vision on www.smrtcty.com
London, Geneva – June 18^th 2015 – WISeKey announced that it is presenting today at the Bloomberg Technology Conference “Smarter Cities – Even the smartest cities aren’t immune to disaster… What happens when smart cities go wrong?” at Bloomberg’s Headquarters in Finsbury Square, in London.
WISeKey is championing the ever-changing landscape of cyber-security for smart cities. The number of connected devices via the upcoming Internet of Things requiring digital identification and security in the world now tops 4 billion and continues to rise rapidly; this number is expected to reach 50 billion by 2020. This trend shows that Cybersecurity is a key asset in ensuring protection of this infrastructure.
Smart Cities will compile an unprecedented amount of personal data with no security embed on these devices and no international regulations on personal privacy protection. The gap between a person and a digital identity leaves million devices and identities vulnerable to dangers beyond identity theft. “Currently, there isn’t anything built into the Web that can verify who you are. Imagine expanding this to billions of connected objects, said Carlos Moreira, WISeKey CEO. “WISeKey’s IoT identity systems have been the closest thing for years. WISeID (http://www.wiseid.com/) is the first global answer to this problem.”
This is a key differentiator for our Company as these new applications and smart cities will be compiling data daily, but there are no international regulations on how to protect consumers. Data flows globally, but privacy laws are a matter of cities regulations to protect their citizens.
The growth of cloud computing highlights the complexity of data sovereignty: data can be stored virtually anywhere but it has a physical presence somewhere in the world. This location operates under a jurisdiction whose laws could have unexpected impact on the availability or ownership of data.
WISeKey together with over 70 companies and government bodies across 15 sectors and 25 countries have joined forces to create the World Economic Forum’s Partnering for Cyber Resilience initiative. Together, the leaders of these organizations have signed a set of principles, which demonstrate their commitment to taking an integrated, strategic approach to technology risks and opportunities, and to play their role in providing a resilient digital environment for all.

Even the smartest cities aren’t immune to disaster… What happens when smart cities go wrong?
A fast paced session which will explore what happens in smart cities when disaster strikes. What happens if an earthquake shuts down a city’s ports or if a cyber-attack brings down a city’s transport system? How can a city keep running when its services are under threat or shut down all together?
Justin Lyon, CEO, Simudyne
Carlos Moreira, Chairman, Chief Executive and Founder, WISeKey
http://www.bloomberglive.com/events/smartercities/#agenda
June 18, 2015
2:00 – 3:00pm Bloomberg Technology Conference: Smarter Cities
Bloomberg HQ Finsbury Square London
Contact Person:
Youmna Abisaleh, Head of Marketing and Communication, yabisaleh@wisekey.com , +41 79 946 00 89
Follow WISeKey on Twitter @wisekey #smartercities #LDNTechweek
Watch the Bloomberg Live Conference :

Business Case – Corporate Entrepreneur Interview by INSEAD MBA Student

wisekeyProduct — Fri, 12 Jun 2015 11:05:30 +0000

Corporate Entrepreneur Interview

Carlos Moreira,

Founder, Chairman & CEO of WISeKey

Interviewed by Roman Protasevich, INSEAD 15D class participant

Introduction
I interviewed Mr. Carlos Moreira, Spanish-born, Swiss national, founder, CEO and Chairman of Geneva-based online data security firm WISeKey SA. Before establishing WISeKey in 1999 Mr. Moreira had many years worked as a UN expert on cybersecurity. He is a founder and/or a member of many respectful organizations and initiatives in this area. In 2013 Mr. Moreira was named to the Swiss bi-weekly financial journal Bilan’s list of the 300 most influential people in Switzerland.
Due to Mr. Moreira’s experience and role at WISeKey the focus of our interview was mostly on topics such as maintaining entrepreneurial drive within a company, balancing Direction, Space, Boundaries and Support within organization[1], qualities required from a successful entrepreneur. We also discussed some examples of new ventures that emerged within WISeKey during its short but vibrant history.
WISeKey background
WISeKey is a cybersecurity leader in digital identification and authentication technologies. The company’s mission is to transform the Internet into a reliable and fair tool for conducting secure, electronic transactions. WISeKey has developed a family of interoperable, standards-based PKI[2] products designed to enable, manage and simplify the use of digital certificates in Internet and e-business applications:

CyberSecurity Solutions – provides trusted e-Identities, electronic signature and document dematerialization, corporate PKI solutions and projects like e-Voting and e-Invoicing;
Digital Brand Management – an anti-counterfeiting and sales monitoring system that provides 100% authentication for luxury products or other valuable items;
WISeKey Mobile – a suite applications leveraging secure digital IDs and WISeKey technologies to bring secure data protection, secure communications, and rich interactions to mobile users.

Although WISeKey exists much less than some of the companies we looked at in our class, it is already quite mature by tech sector standards. Since 1999 the company not only substantially improved its technologies but also came up with numerous innovative uses for these technologies, expanding from purely Internet business to offline products.
Download the article : Carlos Moreira – corporate entrepreneur interview INSEAD
If you can’t download the article contat us yabisaleh@wisekey.com

[1] As per the framework described in Birkinshaw, J. 2003 “The paradox of corporate entrepreneurship”.
[2] Public Key Infrastructure (PKI) is a system of public key encryption using digital certificates that verify and authenticate the validity of each party involved in an electronic transaction.

WISeKey Deploying large Scale IoT Digital Identities for Wearables with WISeID NFCTrusted© Technology

wisekeyProduct — Thu, 21 May 2015 13:13:53 +0000

Geneva, New York – May 21, 2015 – WISeKey SA, a Swiss based leading information security and identity Management Company, today announced that is currently deploying large scale IoT digital identities for wearables using its Trusted near Field Communications (NFC) technology. This trusted technology integrates wearable technology with secure authentication and identification, in both physical and virtual environments, and empowers wearable devices such as smart watches, bands, ear-pods, jewelry, eyeglasses, contact lenses, etc. to become transactional devices.
It is estimated that the global wearables market will grow at an annual rate of 35% over the next five years. The rapid growth of the number of connected devices is driving the shift from the current traditional mobile payment method to secure transactions from wearable devices using trusted communications and authentication technology. WISeKey’s trusted NFC technology enables these wearable devices to safely connect and make secure payments and other transactions.
The WISeID NFCTrusted© can be embedded on a connected device without requiring device modification or app downloads. WISeKey’s NFCTrusted© technology is an evolution of the WISeAuthentic solution that WISeKey has already deployed with several leading luxury brands, including over 1 million watches digitally tagged and for which WISeKey recently obtained a US patent (http://goo.gl/ozgOQm). In February 2015, WISeKey and Bulgari launched the first ever intelligent mechanical watch using WISeKey’s NFCTrusted© technology (https://www.youtube.com/watch?v=GAyKfPOYwws), which allows the watch to execute payments and other transactions without using a mobile phone connected to the internet.
Embedding digital certificates into wearable with WISeID NFCTrusted© tags, using WISeKey Public Key Infrastructure and OISTE Global RootKey, enables consumers to interact securely with nearly any IoT object or transactions on a trusted manner.
NFCTrusted© authentication tags can incorporate a WISeKey cryptographically secure digital certificate to prove authenticity. NFCTrusted© tags can be embedded in virtually any product, piece of equipment or common household item, and users can verify authenticity with an NFC-enabled smart phone, watch, connected device or other mobile device. This technology not only optimizes security and convenience, but also eliminates the need for special readers or other equipment for tag authentication by using proof of presence. “The combination of trust and convenience opens the door for the use of WISeKey’s NFCTrusted© tags in diverse markets to support a variety of IoT applications,” said Carlos Moreira, Founder CEO WISeKey.
About WISekey
WISeKey is a leading information security and identity management company, providing specialized security technologies for data protection, effective identification and authentication of people or objects over physical infrastructures, networks and the Internet to ensure secured communications and e-transactions without compromising trust. Established in 1999, and headquartered in Geneva Switzerland, WISeKey also has subsidiaries that solve advanced e-security issues for organizations in many sectors, including defense, health, education, finance and government. For more information, visit www.wisekey.com.
To start securing your digital identity please download the WISeID App for free at http://www.wiseid.com

WISeKey:Carlos MoreiraFounder & CEO
Tel: +41 22 594 3000
cmoreira@wisekey.com
Media Contact:
Youmna Abisaleh
Head of Marketing and Communication
yabisaleh@wisekey.com
Tel : +41 79 946 0089
Follow us on Twitter @WISeKey

Investor Relations Counsel:The Equity Group Inc.Lena Cati
Vice President
212-836-9611 / lcati@equityny.com
Devin Sullivan
Senior Vice President
212-836-9608 / dsullivan@equityny.com
www.theequitygroup.com

WISeKey to Feature in the ‘Cyber Security and Internet of Things’ Session at The M&A Advisor’s 2015 International Financial Forum in NYC

wisekeyProduct — Mon, 04 May 2015 09:05:59 +0000

Geneva, New York – April 27, 2015 WISeKey SA, a leading cyber security company, announced today that it’s CEO, Mr. Carlos Moreira will be featured in a “thought leadership” Stalwart’s Roundtable session – Cyber Security and Internet of Things, at The M&A Advisor’s exclusive International Financial Forum, which will be held at the New York Athletic Club in Manhattan, at 9:20 am ET on Tuesday, April 28, 2015.

“This Forum, our annual assembly of cross-border M&A, restructuring and financing stalwarts, brings together over 400 of the leading international dealmakers, academics, media and policy influencers to discuss the intertwined trends of re-globalization and technological advancements,” stated David Fergusson, President and Co-CEO of The M&A Advisor, one of the world’s foremost authorities on global mergers and acquisitions. “This is the ideal forum to discuss the Cyber Security and Internet of Things industries whose acceleration – with over 50% growth in the number of M&A transactions in the first half of 2015, is directly tied to the protection of financial performance. Featuring Danil Kerimi of the World Economic Forum, Hany Fam of MasterCard, Jeffrey Wells of CyberMaryland, and Pavlo Protopapa of Spacecode in addition to Moreira, the session promises to provide valuable insight and direction to leading technology users and investors. (offlinemodapk.com) ”
Cybersecurity is receiving increasing attention by the U.S. Government to further strengthen the security of consumer data and encourage the adoption of enhanced safeguards nationwide in a manner that protects privacy and confidentiality while maintaining an efficient and innovative financial system. In addition to these developments, the panel will discuss how recent technological achievements can help local and national governments around the world combat terrorism and provide stronger data authentication of users accessing the increasing number of communication and interaction platforms.
WISeKey’s patented technology is already proven in Switzerland with more than three years of experience in the luxury industry where the digital brand protection solution “WISeAuthentic” has been implemented by several prestigious watch makers. This technology is now being applied by WISeKeyto product and object segments such as connected watches (like the WIS.WATCH launched by WISeKey this year at the WEF in Davos www.wis.watch) smartphones, locks, smart meters, cars, alarm systems, robotics, semiconductors, industrial sensors, household appliances, and medical devices.
With the advent of the Internet of Things (IoT) it is increasingly apparent that these “connectable things” require strong authentication as trillions of connected devices will soon be deployed in all industry sectors. WISeKey’s patented technology anticipates the interconnection of constrained devices in the physical world to prevent leakage of personal information by means of peer authentication and secure data transmission.
WISekey’s IoT technology opens up tremendous possibilities in terms of certifying, connecting, and insuring objects and also storing the ensuing data in a secure, trusted cloud environment,” said Wisekey’s CEO and Founder, Carlos Moreira. “Our generation is now on the threshold of a fourth phase in the evolution of the Internet, the Embedded Internet, a network space where billions of intelligent embedded devices will be securely connected. Many countries are already working to implement what we call ‘Industry 4’, which is the next stage of industrial manufacturing and a paradigm shift toward smart factories which could be the advent of a fourth industrial revolution, with over $14.4 trillion of value at stake for companies and industries.”
The stalwart’s roundtable session – Cyber Security and Internet of Things, a key feature of the International Financial Forum on April 28, will continue the dialogue initiated by The M&A Advisor in a feature session at the 2015 World Economic Forum in Davos earlier this year, where WISeKey introduced the “Big Trust” concept and together with other industry leaders discussed issues related to trust, security and the fundamental right to privacy.
“We believe that the development of digital communication to its’ full potential is being negatively affected by the hacking threats, because people simply won’t use what they can’t trust,” states Carlos Moreira. “That applies to basically all kinds of applications, from people considering whether to join social networks to businesses and governments who will increasingly rely on cloud computing.”
“Triggered by a dramatic increase in the volume and scope of cyber attacks and threats on both organizations and consumers, the cyber security sector is attracting investment from a wide range of strategic and financial investors,” added David Fergusson. “Overall spending on cyber security services is expected to top $100 billion in 2015 globally, with a forecast annual growth rate of 22 percent over the next five years and this, together with the increased threat of cyber attacks to corporate financial performance, warrants the finance industry’s close attention and most importantly, immediate action to secure and protect identities, people and objects.”

WISeKey

WISeKey is a leading Swiss information security and identity management software and services company. WISeKey’s mission is to facilitate the global growth of secure electronic transactions by providing businesses, governments and individuals with advanced technology and services that authenticate the identity of communicators, signatures, and objects during Internet transactions. www.wisekey.com

THE M&A ADVISOR

The M&A Advisor, founded in 1998,has established and serves the world’s premier leadership organization of M&A, Turnaround and Finance professionals.The firm presents, recognizes the achievements of, and facilitates connections between the industry’s top performers with a comprehensive range of integrated business development servicesincluding M&A SUMMITS; M&A AWARDS; M&A CONNECTS; M&A LINKS MandA.TV and M&A MARKET INTEL. www.maadvisor.com
To request Media Accreditation or a Delegate Invitation to attend the International Financial Forum contact Liudmila PIsareva at 718 997 7900 or by email at lpisareva@maadvisor.com.
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For more information about WISeKey and Cyber Security contact:
Youmna Abisaleh
Digital Marketing & Sales Manager
Email: yabisaleh@wisekey.com, Tel: +41 79 946 00 89

For more information about the M&A Advisor contact:
Liudmila Pisareva
Leadership Services Manager, The M&A Advisor
Email: lpisareva@maadvisor.com Tel: 718-997-7900