At ITU Telecom World 2009, WISeKey Launches the eKey+ Biometric Token and Security Service To Help Network and Mobile Operators Protect their Customers from Identity Theft.
Geneva, Switzerland—5 October 2009—Today, WISeKey, the world leading maker of bespoke digital security services, introduced a new suite of identity authentication programs centered around the new eKey+, a biometrically encrypted USB key worthy of James Bonds for the global telecommunications market.
Designed to help increase trust between users and network providers, WISeKey said the security software suite will offer 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.
The potential for fraud is a major hurdle for the evolution and growth of 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 2008, identity theft worldwide increased by 22 percent from 2007. The Aberdeen Group has estimated that $221 billion a year is lost by businesses worldwide due to identity theft.
WISeKey’s market research shows the eKey+ product line is guaranteed to drive up average revenue per user for telecommunications and mobile phone companies. The eKey+ forms the basis for biometrics-based multifactor authentication using embedded WISeKey PKI and Digital Identification technology.
Founded and headquartered in Geneva, Switzerland in 1999, WISeKey is a world leader in smart security solutions for anti-counterfeiting, anti-identity theft, and anti-corruption for all identity platforms and transactions, including credit and identity cards, luxury and mass consumer goods, and telecommunications networks. With operations in the USA, France, Spain, the Middle East, and India, WISeKey customers current and past include Microsoft, Telefonica, and the state of Geneva.
For more information please visit: http://www.wisekey.com