WISeKey Modernizes and Disrupts PKI with
the Integration of Root of Trust, Digital Identities and AI into
its INES IoT Security Broker
IOTNEWSZUG, Switzerland & GENEVA– September 16, 2020 –
WISeKey International Holding (“WISeKey”, SIX: WIHN, NASDAQ: WKEY),
a leading cybersecurity IoT company today announced the launch of
its upgraded version of the INeS Security Broker
that can remotely and securely verify credentials using PKI
technologies, control activation, deactivation, revocation, renewal
and provision (with an end-to-end secure update) of IOT
devices and Business Applications.
“Our partnerships with Parrot,
Daimler, and DIGID to integrate
our advanced digital security solutions into their growing range of
connected objects, are a clear evidence of how WISeKey uses the
combination of PKI and semiconductors to help leading IoT device
makers protect their customer’s assets,” stressed Carlos Moreira,
Founder and CEO of WISeKey. “Our Company has become a key player in
the cybersecurity arena, uniquely bringing its ‘Swissness’ to the
protection of AIoT.”
INeS Security Broker solution can be easily integrated in any
IoT platform available on the market such as the IBM’s new Watson
IoT platform. As previously announced, INeS’ integration with IBM’s
new Watson IoT platform can be used in multiple industrial
applications to optimize productivity across industries through
predictive maintenance on equipment and machinery, create truly
smart homes with connected appliances, and provide critical
communication between devices. The possibilities that IoT brings to
the table are endless.
Now INeS also includes WISeAI resulting from the groundbreaking
combination of arago’s AI based Knowledge Automation and Data
platform HIRO and WISeKey’s Cybersecurity, Root of Trust and
IoT/semiconductors technologies. AIoT integrates PKI,
semiconductors, smart sensors, IoT systems, Artificial Intelligence
and a data cloud to deliver to customers a unique
offering to power innovation and digital transformation. Using
WISeKey’s cybersecurity technology and IoT network, data will be
collected in HIRO where it can be processed and through automation
acted upon in real time in a highly secure environment.
AIoT is the brain that will power the nervous system of the
network of IoT objects operating within the WISeKey ecosystem,
which currently connects over 1.6 billion IoT devices secured with
WISeKey’s VaultIC. With the introduction of 5G, the ecosystem will
continue to grow at a much faster rate as 5G will enable the
connection of every object, person, and machine. AIoT will embed AI
into the core infrastructure components of the ecosystem including
Root of Trust, semiconductors, and edge computing. Specialized APIs
are then used to provide interoperability between components at the
device, software and platform level to optimize system and network
operations. Data processed through AIoT is then collected and
made accessible to extract value and enhance market intelligence
and knowledge for customers. AIoT also enables secure
automation of actions and business decisions based on real time
data and enables IoT to work independently with minimal human
support, unlike the current state of the market which requires that
all actions be coded in advance based on pre-defined
scenarios.
With the use of AI algorithms and predictive maintenance
implemented through AIoT, IoT devices will have the capability to
dynamically determine actions to take decisions and self-program
based on analytics and customer defined knowledge, resulting in
lower operating and maintenance costs for providers.
The overarching objective of the joint venture with arago is to
establish a foothold into the AIoT market to maximize near-term
revenue, while at the same time create significant market
opportunities in sectors such as industry 4, retail, financial
transaction, automotive, smart cities, consumer products,
healthcare, smart cards, industrial, transportation, and IT
infrastructure. AI plays a growing role in IoT applications
and deployments. Both investments and acquisitions in startups that
merge AI and IoT have climbed over the past two years. Major
vendors of IoT platform software now offer integrated AI
capabilities such as machine learning-based analytics.
The value of adding AI to the WISeKey platform is its ability to
quickly wring insights from data. Machine learning, an AI
technology, brings the ability to automatically identify patterns
and detect anomalies in the data that smart sensors and devices
gather such as temperature, pressure, humidity, air quality,
vibration, and sound.
WISeKey’s strategy to leverage its technology platform via
long-lasting relationships with a strategic partner, is designed to
bring a stream of high-profile clients that are in high demand for
cybersecurity solutions, such as AI, digital identity and privacy,
secure mobile communication, secure cloud computing, IoT, secure
semi-conductors, Blockchain and other innovative technologies
offered by WISeKey.
This technology is fundamental to secure objects connecting to
clouds, such as connected cars as virtually all new cars on the
market today include electronic technologies that could pose
vulnerabilities to hacking or privacy intrusions if data
security is not addressed. Embedded WISeKey hardware
security in the car protects the “identity” of each device,
prevents unauthorized tampering, and protects the privacy and
security of the vast amount of data these devices generate. BI
Intelligence expects 94 million connected cars to be sold in 2021
(with 82% to be connected cars), representing a compound
annual growth rate of 35% from 21 million connected cars sold
in 2016.
A fundamental principle behind the security of WISeKey
Semiconductors is that its chips not only control how devices
perform under normal conditions, but also control how these devices
react when attacked or tampered with in any way, including
self-destruction. WISeKey Semiconductor chips are designed to
authenticate individual car components within the vehicle
itself, ensure that only legitimate software is installed in the
car, authenticate users and ensure that only legitimate users
have access to the connected car functions and encrypt data to make
it tamperproof and private.
WISeKey Semiconductor brings a 25-year heritage of delivering
certified Secure Elements in the most
risk-sensitive applications including government ID cards and
passports, credit cards and Pay TV access cards, and specialty
crypto tokens. WISeKey Semiconductor’s VaultIC chips are
specifically tailored to the needs of IoT devices which
often have low power capabilities and the need to be securely
updateable in the field.
# # #
About WISeKey:
WISeKey (NASDAQ: WKEY; SIX Swiss Exchange: WIHN, NASDAQ: WKEY)
is a leading global cybersecurity company currently deploying large
scale digital identity ecosystems for people and objects using
Blockchain, AI and IoT respecting the Human as the Fulcrum of the
Internet. WISeKey microprocessors secure the pervasive computing
shaping today’s Internet of Everything. WISeKey IoT has an install
base of over 1.5 billion microchips in virtually all IoT sectors
(connected cars, smart cities, drones, agricultural sensors,
anti-counterfeiting, smart lighting, servers, computers, mobile
phones, crypto tokens etc.). WISeKey is uniquely positioned
to be at the edge of IoT as our semiconductors produce a huge
amount of Big Data that, when analyzed with Artificial Intelligence
(AI), can help industrial applications to predict the failure of
their equipment before it happens. Our technology is Trusted by the
OISTE/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 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.
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