Carlos Moreira, Founder of WISeKey, warns US Consumers at the “Chicago Ideas Week” of emerging threats of having user personal information and IoT hacked
CYBERSECURITY: IT’S TIME TO UPDATE YOUR PASSWORD…AGAIN
An estimated 50 percent of adults have had their personal information hacked
Geneva, Switzerland – November 11, 2015 – The message is clear; consumers need to start protecting their PII. WISeKey is doing a pioneering work to secure personal data with new technologies, such as WISeID.com enhance personal data protection and provide users the right to ‘disappear online’ http://goo.gl/eZMELJ .
“We believe that user’s Personal Identifiable Information (PII), used to track individuals by Social Networks and Search, needs to be strongly protected. The only way to do this is by encrypting users PII and defining standards that clearly give the ownership of the PII to the user and not to the service provider. If this is done, then the PII is associated with your Digital Identity which can then protect your personal data, as it belongs to you,” says Carlos Moreira Founder and CEO WISeKey during his presentation at the Chicago Ideas Week.
At this year’s Davos Conference, Mr. Moreira moderated a round table on CyberSecurity and participated as panellist at the New Business Context: Risky Business session. One of the conclusions of the round table discussion was that with billions of people around the world have grown increasingly distrustful of the internet and that the urgent necessity for a new model that can offer trust and security has emerged. The fundamental right to privacy is at stake and if users begin to abandon the Internet because of security concerns, the multitude of recent positive developments in digital communications will be lost. All kinds of applications, including social networks and also companies and governments that rely on cloud computing, will be negatively affected. Products like WISeID can protect users against this threat as the main objective is to protect your PII and its associated content, which can be used to identify, contact, locate or even trace a person. Personal data, which includes, videos and pictures, collected by WISeID, always stays under the user’s control on their mobile phone or device. The PII is never communicated to third parties and never leaves the user’s control. Users can generate strong passwords, store them securely, and logon directly to the real website. WISeID provides users with a secure and easy to use encrypted place to store all personal data, personal identifiable information, usernames, passwords, PINs, credit cards, loyalty cards, social security number, notes, photos, documents, and more. The user friendly interface also allows users to log on to websites quickly and securely from the application, securing all data with strong 256-bit AES encryption algorithm keys.
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