WISekey joins the Cybersecurity Tech Accord to fight cyberattacks, promise equal protection for customers worldwide
June 20, 2018 - WISeKey International Holding Ltd ("WISeKey" SIX: WIHN, OTCQX: WIKYY), a leading Swiss cybersecurity and IoT company, announced today that it has joined the Cybersecurity Tech Accord together with ten other companies that have joined the watershed agreement in the last two months to defend all customers everywhere from malicious attacks by cybercriminal enterprises and nation-states. The new signatories include Atlassian, Carbon Black, Cyber adAPT, ESET, Gigamon, GitLab, KoolSpan, KPN, MediaPRO, Salesforce, and WISeKey. These companies oversee important aspects of the world's communications infrastructure including cloud-based customer relationship management, collaboration tools, telecommunications, endpoint security, datacenter security, and encryption.
"WISeKey's unique neutrality and position in providing a Trusted and Secure platform for Internet transaction is a real asset to mount a stronger defense against cyberattacks," said Carlos Moreira, Founder and CEO of WISeKey.
All Cybersecurity Tech Accord signatory companies make commitments in four areas:
Stronger defense
The companies will mount a stronger defense against cyberattacks. As part of this, recognizing that everyone deserves protection, the companies pledged to protect all customers globally regardless of the motivation for attacks online.
No offense
The companies will not help governments launch cyberattacks against innocent citizens and enterprises, and will protect against tampering or exploitation of their products and services through every stage of technology development, design and distribution.
Capacity building
The companies will do more to empower developers and the people and businesses that use their technology, helping them improve their capacity for protecting themselves. This may include joint work on new security practices and new features the companies can deploy in their individual products and services.
Collective action
The companies will build on existing relationships and together establish new formal and informal partnerships with industry, civil society and security researchers to improve technical collaboration, coordinate vulnerability disclosures, share threats and minimize the potential for malicious code to be introduced into cyberspace.
Since forming the Cybersecurity Tech Accord, signatory companies have held two formal meetings to begin their work and have been planning new ways to engage with civil society, industry and consumer groups to solve cybersecurity challenges and better protect people around the world.
"At Salesforce, Trust is our #1 value. Security and privacy are two sides of the same coin, and both are required to maintain trust in the technology industry," said Amy Weaver, President, Legal and Corporate Affairs and General Counsel, Salesforce. "The Cybersecurity Tech Accord signatories are agreeing to real commitments of cooperation that will help member companies share information and practices that protect all of our customers."
"Protecting the cybersecurity and privacy of businesses and people is the defining challenge of our age, and the technologies that protect all of us must be protected," said Elad Yoran, Executive Chairman, KoolSpan. "The Cybersecurity Tech Accord provides an important framework for leading companies to define principles that do so."
"A company's security program is only as strong as the weakest link in its chain-which in most cases is the employees, according to research," said Tyler Winkler, Chief Executive Officer, MediaPRO. "From our perspective, training employees doesn't need to be complicated, but it should create a culture of awareness that empowers people to protect themselves and their companies against threats."
Announcements regarding future activities will take place in the coming months.
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About WISeKey:
WISeKey (SIX: WIHN, OTCQX: WIKYY) is a leading global cybersecurity company for Managed Public Key Infrastructure, Internet of Things, Blockchain and Artificial Intelligence. The group's WISeKey Semiconductors is a leader in embedded security solutions for mobile and connected devices. WISeKey and QuoVadis are global leaders in providing electronic identity and electronic signature solutions, including options for custom IoT certification authorities as well as the OISTE Swiss based Root of Trust (RoT). 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.
