GENEVA--(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.
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 DhanYojna, 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.
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.
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
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.
Amit Kumar, +91 9871222923
Managing Director of WISeKey India
WISeKey Investor Relations (US)
The Equity Group Inc.
Lena Cati, +1 212-836-9611