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