Today WISeKey participated at the United Nations Headquarters International Anti-corruption day in NY. This is an importnat day as it is the day on which nations pledge to stamp out corruption.
The date has been endorsed by the United Nations General Assembly that also adopted the United Nations Convention against Corruption under Resolution - 58/4 on the 31st. October, 2003.
WISeKey as a United Nations Global Compact member since 2005 and World Economic Forum PACI member said during the UN Conference in NY that WISeKey technologies and trust networks are designed to help increase trust between users and service providers offering corporations, small business owners, and government agencies the ability to give their customers and colleagues access to their sensitive data to perform transactions from unsecured access points and to counter corruption by providing strong authentication and credentials.
The potential for fraud and corruption is a major hurdle for the evolution and growth of Internet and online commerce, according to the Organization for Economic Co-Operation and Development (OECD). Identity theft is defined as the process of using someone else's personal information for your own personal gain. In 2010, identity theft worldwide increased by 45 percent from 2010. The Aberdeen Group has estimated that $221 billion a year is lost by businesses worldwide due to identity theft.
At the UN Conference, Carlos Moreira reaffirmed WISeKey's longtime commitment to facilitating better and trusted electronic transactions between businesses, governments, and citizens during the conference which was attended by government officials and business leaders.
Founded and headquartered in Geneva, Switzerland, in 1999, WISeKey is a world leading software and services company for greater security against counterfeiting, identity theft, and corruption in data management on PCs, mobiles, servers, storage, networks, and cloud-computing operations.
PACI is a business driven global initiative with commitment from the top, with a mission to develop multi-industry principles and practices that will result in a competitive level playing field, based on integrity, fairness and ethical conduct.
PACI places the private sector in a unique position to guide governments' and international organisations' strategies and policies on anti-corruption and has built strong relationships with the key players and institutions from the global anti-corruption landscape.
The United Nations Global Compact is a strategic policy initiative for businesses that are committed to aligning their operations and strategies with ten universally accepted principles in the areas of human rights, labour, environment and anti-corruption