WISeKey Presents at the FT Cyber Security Summit USA the latest developments in cybercrime and ways to assess cyber risk

Geneva, Washington – March 15, 2016 – WISeKey, a leading Cybersecurity company announced today its participation at the FT Cyber Security Summit USA which brings together information security experts from the private and public sectors to discuss cybercrime, share ideas on ways to better cooperate in face of this common threat. Following the inaugural Summit in March 2015, the 2016 FT Cyber Security Summit will cover the latest developments in cybercrime and the risks to businesses.
CEOs and the rest of the senior management teams in most corporations now realize that cyber security is not just an IT issue; it is a critical business risk that requires their full attention to develop and implement the appropriate strategy to manage that risk. Yet, a very large numbers of CEOs admit they are not fully aware of vulnerabilities within their organization which can be exploit by hackers, do not have a strong plan for defending their organization from cyber attacks and do not have an action plan to deal with the potential aftermath of such attack.
Cyber attacks are happening more frequently, and despite the obvious benefits that technological advances bring to companies, business leaders are facing fresh challenges as cyber criminals find ever more sophisticated ways to launch attacks against their organizations.
Discussing the role of senior management in developing an effective corporate cyber security strategy, Carlos Moreira, CEO Founder of WISeKey said, “While cyber security has become a major concern for many CEOs, many cyber security challenges remain severely unaddressed. Today, many business leaders around the world consider information security as the risk they are most concerned about with the biggest impact on their business, and more should be done to be prepared for and quickly respond to these threats by implementing a strong cyber security strategy throughout their organization.”
WISeKey presented this issue during the World Economic Forum in Davos this year highlighting that many CEOs are just making the wrong investment in cyber security by only protecting the company from outside threats and less from intruders. See Foxnews interview with Maria Bartiromo on this issue https://www.youtube.com/watch?v=YSh3_R77bx8 .
WISeKey was selected as a Global Growth Company (‘GGC’) Partner by the World Economic Forum at its 2015 Annual Meeting of the New Champions in Dalian. WISeKey was originally nominated as one of the founding members of the GGC community back in 2007 with already eight years of deep engagement with the Forum as a GGC Partner, which includes being: a partner of the Partnering Against Corruption Initiative (‘PACI’), one of the strongest cross-industry collaborative efforts at the Forum, a partner of the WEF Cyber Resilience Initiative, a member of the Global Agenda Council on Illicit Trade and the Global Agenda Council on the Future of Software & Society – for more information visit http://www.weforum.org/content/global-agenda-council-future-it-software-services.
About WISeKey
WISeKey is a leading information cybersecurity and identity Management Company, a Global growth Company partner of the World Economic Forum, providing specialized technologies for data protection, effective identification and authentication of people or objects to ensure secured communications and transactions without compromising trust. More information on www.wisekey.com and find out more on www.wisekey.com/media-corner
WISeKey Social Media accounts Twitter @wisekey, Linkedin, Facebook, Instagram
WISeKey:
Youmna Abisaleh, Head of Marketing and Sales
Tel: +41 22 594 30 40
Email: yabisaleh@wisekey.com
Investor Relations:
Lena Cati, The Equity Group, Inc.
Tel : +1 212-836-9611
Email: lcati@equityny.com