WISeKey Awarded ISO 27001 Certification and Webtrust accreditation to demonstrate its adherence to the most rigorous security controls and best practices in the industry

8/24/2017, 7:59 AM (Source: GlobeNewswire)

Celebrating 10th anniversary of worldwide trust

WISeKey International Holding Ltd (SIX:WIHN), a leading Swiss cybersecurity and IoT company announced today that it has completed successfully two important security accreditations: (1) the annual independent audit which grants the reputed WebTrust accreditation, necessary to deliver reliable trust services. WISeKey started these accreditations back in 2007, and therefore this year's renewal brings the 10th anniversary of the worldwide recognition of its unique trust model; and (2) compliance with the international ISO 27001 certification for information security. The ISO 27001 standard has rigorous requirements for establishing, implementing, maintaining and continually improving a company's Information Security Management System (ISMS).

WISeKey provides an end-to-end scalable security framework to be integrated into IoT platforms. Based on PKI Technology, it will protect the device and its data at rest or in transit. WISeKey delivers cryptographic root keys and solutions to use and manage digital certificates, and their associated secure assets, protecting otherwise vulnerable IoT devices in the field. The security accreditation of such product and services is a must to ensure its trustworthiness.

For a CA to meet the strict requirements of these WebTrust programs, it must prove it has the highest commitment to the integrity of its own operations and the security and reliability of the certificates it offers. Successfully passing this entire collection of audits required the thorough evaluation of WISeKey's practices, policies and Public Key Infrastructure (PKI). 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 and Extended Validation Code Signing audit criteria, WISeKey continues to demonstrate its adherence to the most rigorous security controls and best practices in the digital certificate industry.

WISeKey also certified recently its Information Security Management System, under the ISO 27001 standard. This accreditation confirms WISeKey's position as a trustworthy security technology supplier, and is complemented with the international accreditations attained by QuoVadis, recently acquired by WISeKey to reinforce its Managed PKI offering, specially oriented to the new needs of the Internet of Things, these certifications include, among others the eIDAS and ZertES accreditations, which entitles WISeKey to deliver legally binding trust services in the European Union and Switzerland.

These certifications will allow WISeKey to proceed with the vertical integration of WISeKey's unique Root of Trust and Identity technology with VaultIC's hardware & software, system certification, provisioning and up to management services, 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.

As we move forward, the Internet of Things will quickly become the Internet of Everything (IoE), with more devices and objects connected and able to collect and transmit data over the internet. WISeKey's Vertical Platform potential for monetizing services, blockchain, AI and the data produced by these connected devices continues to grow. The total number of IoT connections is expected to grow from $6 billion in 2015 to $27 billion in 2025, all of them requiring the type of chips and software offered by

WISeKey. Global spending on IoT/IoE technology-based services is now expected to reach $3 trillion by 2025.

Carlos Moreira, Chairman & CEO of WISeKey, commented, "We are very proud of these new accreditations, which confirm the reliability of our Trust Services. We want to celebrate this anniversary with all the Internet community, offering a free digital identity that can be obtained at https://account.wisekey.com to protect people's email and documents with digital signatures and encryption, reducing tremendously the risk of phishing attacks and ransomware."  Bernard Vian, General Manager of WISeKey Semiconductor commented, "The ISO certification of our security practice ensures our customers that every process involved in the design and manufacturing of our products is executed under the most rigorous secure and reliable control."

Also, multinational corporations that need to comply with International Standards on the deployment of their IoT infrastructure are ideal candidates for WISeKey Trust Model. Amidst the threat of increasingly sophisticated data and online identity thefts, WISeKey's robust solutions should ensure data protection for its customers including individuals, enterprises & their IoT objects and government organizations. Since early 2016, WISeKey has been increasing its focus on the IoT segment, and it is currently offering various solutions (both hardware and software) supporting customers using IoT-based systems, while also working on a future wave of WISeKey IoT implementations.

About WISeKey:

WISeKey (SIX Swiss Exchange: WIHN) 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

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Press and investor contacts:

WISeKey International Holding Ltd

Company Contact:  Carlos Moreira

Chairman & CEO

Tel: +41 22 594 3000

info@wisekey.com         WISeKey Investor Relations (US)

Contact:  Lena Cati

The Equity Group Inc.

Tel: +1 212 836-9611

lcati@equityny.com

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.

WISeKey Awarded ISO 27001 Certification and WebTrust accreditation to: http://hugin.info/174479/R/2128959/813110.docx

 

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