This new cybersecurity reward is an official recognition of WISeKey’s dedication to IoT security, in particular with its certified secure microcontrollers
Paris, France – Geneva, Switzerland – July 4, 2018: WISeKey International Holding Ltd (WIHN.SW, OTTCQX: WIKYY) (“WISeKey”), a Swiss based cybersecurity and IoT company, today announced that on June 21, 2018 it received from the French National Cybersecurity Agency (ANSSI), one of the first security Visas for the Common Criteria security certification of its MS6001 Rev. E secure microcontroller (certification report ANSSI-CC-2018/02). For more information, please refer to the dedicated section on ANSSI website (www.ssi.gouv.fr/uploads/2018/02/anssi-cc-2018_02fr.pdf).
According to a research published in September 2017 by Accenture and the Ponemon Institute, the average cost of cybercrime globally in 2016 climbed to $11.7 million per organization, a 23 percent increase from $9.5 million reported a year earlier, representing a staggering 62 percent increase over the last five years. To complement these figures, a recent Gartner Inc. survey found that nearly 20 percent of organizations observed at least one IoT-based attack in the past three years. To protect against those threats Gartner forecasts that worldwide spending on IoT security will reach $1.5 billion in 2018, a 28 percent increase from 2017 spending of $1.2 billion. As a government cybersecurity agency, this is the kind of threats ANSSI seriously considers. This is the foundation of WISeKey as a recognized cybersecurity and IoT company.
For decades, WISeKey has been a recognized provider of hardware and software first-in-class digital security solutions for cybercrime protection, people and object identification and authentication. WISeKey is a Root of Trust (RoT) as well as a Certificate Authority (CA), which gives the company a unique positioning on the market to offer consistent security architectures from the digital key generation to the connected object. WISeKey’s RoT is the only one based in a military bunker in a neutral country. WISeKey IoT security solution comprises a set of components to protect end-to-end data management thanks to a complementary expertise in the design and deployment of large cryptographic systems as well as VaultIC hardware security modules.
The security Visas issued by ANSSI allow to easily identify reliable cyber security solutions that are recognized as such following an evaluation performed in accordance with rigorous and approved methods by licensed evaluation laboratories. This evaluation involves in-depth conformity analysis and penetration testing to make sure that the solutions are compliant with the targeted security need. A security Visa takes the form of a certification or qualification, depending on the context and the need. Security Visas are a guarantee of security for the users.
“We are very proud to be considered by the French National Cybersecurity Agency as a premier player in cybersecurity,” says Carlos Moreira, Founder and CEO of WISeKey. “The current generalized lack of security and the recent impressive cyberattacks are considered to be massive hurdles to the promised deployment of connected objects. This security Visa is an official recognition for WISeKey’s expertise and dedication to providing the IoT market with certified reliable end-to-end security solutions.”
WISeKey (SIX: WIHN; OTCQX: WIKYY) is a leading global cybersecurity company currently deploying large scale digital identity ecosystems with a patented process. WISeKey’s Swiss based cryptographic Root of Trust (“RoT”) provides secure authentication and identification, in both physical and virtual environments, for the Internet of Things, Blockchain and Artificial Intelligence. The WISeKey RoT serves as a common trust anchor to ensure the integrity of online transactions among objects and between objects and people. For more information, visit www.wisekey.com.
To receive WISeKey’s latest newsvisit the WISeKey Investors Corner.
Press and investor contacts:
|WISeKey International Holding Ltd
Company Contact: Carlos Moreira
Chairman & CEO
Tel: +41 22 594 3000
|WISeKey Investor Relations (US)
Contact: Lena Cati
The Equity Group Inc.
Tel: +1 212 836-9611
This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.
This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of article 652a or article 1156 of the Swiss Code of Obligations or a listing prospectus within the meaning of the listing rules of the SIX Swiss Exchange. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.