WISeKey & OISTE.ORG Localizes Its Cryptographic Root of Trust in India & Creates a New National RoT / CA to Bring Security to...
March 21 2017 - 12:00AM
Business Wire
WISeKey International Holding Ltd. (WIHN.SW), a leading
Swiss cybersecurity and IoT company, today announced that it has
completed the localization of its Cryptographic Root of Trust in
India, which enables the provision of digital identities to persons
and secure devices connected to the “Internet of Things”. The
WISeKey Indian localization brings innovative security solutions
that, together with the OISTE unique trust model, brings complete
end-to-end cybersecurity solutions to protect the interactions of
persons, applications and connected devices.
WISeKey’s technology includes both the required software and
hardware components to provide strong dual factor authentication
and microchips to be embedded into all types of “Secure Things” on
diverse industries such as distribution of products,
anti-counterfeiting, smart cars, home security controls, video
cameras, etc. WISeKey Semiconductors products (VaultIC product
line), are a perfect solution for IoT device manufacturers
requiring a state-of-the-art security coverage on all network
types. Designed for low cost, power and surface constrained
devices, it proposes industry standard connectivity, very low power
consumption and a minimum footprint, and it’s offered together with
the WISeKey software PKI products and services, which provide the
digital identity to authenticate devices.
The localized PKI deployment will also enable needs for other
business needs, both in the private and public sectors. Most of the
projects under the Ministry of electrics and Information Technology
(MeitY) and Ministry of Urban Development like Mobile Identity
based DBT (Direct Benefit Transfers), Jan Dhan Yojna, ESign, eGov,
eSampark, Social Media etc., require execution of the Digital Core
of these modernization programs. WISeKey PKI technology enables
easy to use digital signatures and encryption, which are
fundamental building blocks for secure online transactions. WISeKey
will also localize its offering for secure Mobile Solutions, like
the WISeID Personal Cloud. WISeKey also has relevant applications
in the private enterprise space. The digital payment initiative,
backed by the GOI, is a compelling reason for a lot of private
sector banks, e-commerce companies, and Telecom service providers,
to adopt stringent Trusted Identity based security solutions, which
again would have WISeKey PKI technology and the building block.
WISeKey is currently deploying large scale IoT digital
identities and chips for connected devices all over the world using
its Cryptographic Root of Trust and secure semiconductors
technology. With the Cryptographic Root of Trust embedded on the
device, the IoT product manufacturers can use code-signing
certificates and a cloud-based signature-as-a-service, to secure
interactions among objects and between objects and people.
At the heart of this strategy is the OISTE-WISeKey Cryptographic
Root of Trust which has been actively used since 1999 by over 2.6
billion desktops, browsers, mobile devices, SSL certificates and
Internet of Things’ devices. The OISTE WISeKey Cryptographic Root
of Trust is ubiquitous and universal, and a pioneer in the
identification of objects.
About WISeKey
WISeKey (SIX Swiss Exchange: WIHN) is a leading cybersecurity
company currently deploying large scale Internet of Things (“IoT”)
digital identity ecosystems and has become a pioneer of the “4th
Industrial Revolution”. WISeKey’s Swiss based cryptographic Root of
Trust (“RoT”) integrates wearable technology with secure
authentication and identification, in both physical and virtual
environments, and empowers IoT and wearable devices to become
secure transactional devices. The RoT serves as a common trust
anchor, which is recognized by the operating system and
applications, to ensure the authenticity, confidentiality and
integrity of on-line transactions. With the cryptographic RoT
embedded on the device, the IoT product manufacturers can use
code-signing certificates and a cloud-based signature as a service
to secure interactions among objects and between objects and
people. WISeKey has patented this process in the USA as it is
currently used by many IoT providers.
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Disclaimer:
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.
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version on businesswire.com: http://www.businesswire.com/news/home/20170320006266/en/
WISeKeyAmit Kumar, +91 9871222923Managing Director of
WISeKey IndiaorWISeKey Investor Relations (US)The Equity
Group Inc.Lena Cati, +1 212-836-9611lcati@equityny.com