WISeKey Granted WebTrust Accreditation for the 11th Consecutive Year Making it one of the Most Widely Deployed Internet Root of Trust
New IoT Roof of Trust Accredited IoT optimized for the wide-range of Internet of Things devices.
Geneva, Switzerland – August 30, 2018- WISeKey International Holding Ltd (SIX: WIHN, OTTCQX: WIKYY), a leading Swiss cybersecurity and IoT company announced today that it has completed successfully the annual independent audit which grants the reputed WebTrust accreditation, necessary to deliver reliable trust services.
The WebTrust accreditation of the WISeKey/OISTE Root Certification Authorities is key when connecting to secure websites and authenticating, digitally signing or encrypting electronic transactions, email or documents. Certificates issued under a WebTrust root are trusted by web browsers, operating systems and applications, allowing a seamless and much more secure user experience. By meeting not only the Baseline Requirements but the Extended Validation audit criteria, WISeKey continues to demonstrate its adherence to the most rigorous security controls and best practices in the digital certificate industry.
The WISeKey/OISTE Trust Model allows the issuance of recognized certificates for people, applications and objects. In particular, for its usage in IoT environments, the new WISeKey/OISTE Root for IoT, that enables the use of the Elliptic Curves cryptographic algorithms required for IoT devices, was recently accredited by all of the major Operating Systems and Browsers, ensuring a seamless integration and trust of these identities for IoT devices.
Carlos Moreira, Chairman & CEO of WISeKey, commented, “We are very proud of these new accreditations, which confirm the reliability of our Trust Services, allowing our customers to protect email and documents with digital signatures and encryption, reducing tremendously the risk of phishing attacks and ransomware.”
Pedro Fuentes, Chief Security Officer of WISeKey commented, “With the growing compliance exigence for certification authorities, WISeKey is committed to undergoing international certifications like WebTrust that validate our practices.”
WISeKey QuoVadis, the MPKI brand of WISeKey, also benefits of these international accreditations, together with certifications as eIDAS, which enables the issuance of trusted certificates in the European Union, and other local accreditations from several countries like Switzerland, The Netherlands, Bermuda, etc. The sum of all these accreditations in the WISeKey Holding ensures the highest level of compliance in the industry, and therefore the maximum recognition and ubiquity of our digital identities.
These certifications will allow WISeKey to proceed with the vertical integration of WISeKey’s unique Root of Trust and Identity technology, creating the first ever comprehensive trusted end-to-end cybersecurity platform for people and objects (IoT) and give WISeKey the unique ability to deliver the most secure platform to its customers.
The proliferation and ‘smartening’ of IoT-driven devices is projected to reach a market cap exceeding $195 billion in 2023, according to analysts at ReportsnReports. From a market of $16 billion in 2016, this growth is mainly fueled by the increasingly ubiquitous manufacturing of smarter in-home, mobile, and transportation devices and the need to capture that data and enhance communication infrastructure. According to Gartner, over 6.4 billion IoT devices were ‘connected’ in 2016 with this number set to exponentially grow over the next decade.
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 news, visit 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.