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WISeKey International Holding AG (WSKEF)

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Previous Close1.9000
Open1.9000
BidN/A x N/A
AskN/A x N/A
Day's Range1.9000 - 1.9000
52 Week Range0.8559 - 2.3390
Volume18
Avg. Volume6,119
Market Cap66.879M
Beta (5Y Monthly)1.95
PE Ratio (TTM)N/A
EPS (TTM)-0.5880
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • WISeKey’S AIoT SOLUTIONS OFFER THE BEST PROTECTION AGAINST CYBER ATTACKS ON CONNECTED CARS
    GlobeNewswire

    WISeKey’S AIoT SOLUTIONS OFFER THE BEST PROTECTION AGAINST CYBER ATTACKS ON CONNECTED CARS

    WISeKey’S AIoT SOLUTIONS OFFER THE BEST PROTECTION AGAINST CYBER ATTACKS ON CONNECTED CARSGeneva, October 13, 2020 – WISeKey International Holding Ltd. (“WISeKey” NASDAQ: WKEY; SIX Swiss Exchange: WIHN), cybersecurity delivering AIoT Integrated Security Platforms, today announced that its cybersecurity offering (hardware and software platform) for connected cars addresses safety and security issues arising from system vulnerabilities. WISeKey entered the connected cars security segment in 2019 when Daimler AG started to use its technology to validate the authenticity of different vehicle components, protect onboard communication between vehicle components and provide over-the-air software updates. The automotive industry is facing a major cybersecurity challenge due to digitalization: Big Data coming from multiple connected sources in the car including its operating system is only getting larger and more complex, making it increasingly difficult for connected cars manufacturers to analyze and protect the connected car against cyber threats. The best way to cut through the data clutter and identify potential attacks is by leveraging AI for behavioral analysis of the data. Additionally, WISeKey PKI’s authentication certificates are used by employees, dealers and suppliers to access car components to diagnose mechanical/technical issues and update software, from any location. The WISeKey PKI platform also allows users to securely interact with a car’s smart features using smartphones and other devices that includes the integration of WISeKey IoT and PKI with the manufacturer’s connected car solutions allowing them to authenticate legitimate car components and enable owners to securely interact with the car’s smart features.“As the connected car industry continues to evolve, essentially becoming software on a metal shield, cars are vulnerable to the very same threats and attacks as home computers, laptops and smartphones.  Unless appropriate cybersecurity measures are implemented, hackers can remotely access the vehicle’s computer system, manipulate the brakes, engine, and transmission.  Our tamperproof chips and embedded software are designed to prevent and protect connected cars against hacking,” said Carlos Moreira, CEO of WISeKey. WISeKey and arago joined  forces last month to implement the first ever end-to-end AIoT platform with the codename WISeAI resulting from the groundbreaking combination of their industry leading products: arago’s AI based Knowledge Automation and Data platform HIRO and WISeKey’s Cybersecurity, European Root of Trust and IoT/semiconductors technologies. AIoT integrates 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 in 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.Connected cars are distinct from basic models primarily due to their ability to access to the Internet via their communication system.  It allows the driver to connect their smartphone to the car, but also the car itself to connect to surrounding cars and infrastructures. Passengers can, therefore, benefit from extended services, particularly through apps. Those connected cars consist of 6 essential points: * Mobility management (travel assistance, traffic information) * Vehicle management (real-time vehicle status information) * Safety (prediction of dangerous situation) * Driver assistance (cruise control on the highway, assistance to park) * Entertainment (games, music, social networks, internet) * Well-being (detection of fatigue, medical assistance)Virtually all new cars on the market today include electronic technologies that could be vulnerable 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, make certain that only legitimate users have access to the connected car functions, and encrypt data to make it tamperproof and private. About WISeKeyWISeKey (NASDAQ: WKEY; SIX Swiss Exchange: WIHN) 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.Press and investor contacts:WISeKey International Holding Ltd Company Contact:  Carlos Moreira Chairman & CEO Tel: +41 22 594 3000 info@wisekey.comWISeKey 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 Secures Ensurity’s Passwordless Access to Microsoft Windows and Azure AD
    GlobeNewswire

    WISeKey Secures Ensurity’s Passwordless Access to Microsoft Windows and Azure AD

    WISeKey Secures Ensurity’s Passwordless Access to Microsoft Windows and Azure ADWhile the popularity of remote working is rising, organizations are struggling to maintain a consistent digital security to protect their sensitive data in transit. Ensurity has selected WISeKey’s certified cybersecurity solutions to secure digital credentials of geographically distributed workforces.Watch the WISeKey x Ensurity Times Square Nasdaq tower campaignGeneva, Switzerland – Hyderabad, India – October 8, 2020: WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity and IoT company, announced today that Ensurity Technologies (“Ensurity”), a Hyderabad, India-based cybersecurity company and a member of Microsoft Intelligent Security Association (MISA), has selected WISeKey’s Common Criteria certified secure microprocessors to design its ThinC-AUTH FIDO2 certified biometric key to access Microsoft® Windows® and Azure® AD. For more than two decades, WISeKey has been one of the very few recognized providers of hardware and software, first-in-class digital security solutions for cybercrime protection, people and object identification and authentication. WISeKey has designed secure chips, which are widely used in highly sensitive applications such as banking, national ID and PayTV.  Most of these chips are designed for and certified with  Common Criteria EAL5+, one of the highest government grade security certifications.Ensurity has been partnering with Microsoft through the Microsoft Intelligent Security Association (MISA), an elite group of cybersecurity technology companies, to support the FIDO2 passwordless initiative and offer a secure login to Microsoft Windows and Azure Active Directory (AD), a solution to remotely access corporate data and applications. ThinC-AUTH is a FIDO2 certified and Microsoft compatible USB based security key featuring a fingerprint touch sensor. The key is designed around WISeKey’s secure chip with a government grade digital security certification to guarantee that credentials, cryptography methods and user’s fingerprints are stored in a safe place.“Living in a digital world allows us to access many online new services in the blink of an eye, which is a significant progress,” stated Carlos Moreira, Founder and CEO of WISeKey. “In particular, remote work often leads to the comfort of employees. Then, cybersecurity becomes a must to protect corporate assets. The combination of our unique expertise in designing secure chips with Ensurity’s identity platform to power the new distributed Zero Trust digital economy generated a sound solution for decentralized organizations.”"Microsoft’s computer environment is predominant in most organizations. Ensurity, is an established FIDO2 solution provider working with Microsoft since they  adopted this standard to reinforce their Windows and Azure AD platforms security with a passwordless approach,” said Amit Mathur, COO of Ensurity.  “Building our ThinC-AUTH biometric key on WISeKey’s certified cybersecurity was a natural choice when we decided to further enhance the protection of our customer’s credentials and private information.”A recent research delving into passwords used in our day-to-day digital life found that an alarming 78% of respondents use an insecure method to help remember their password, with 34% admitting to using the same password for multiple accounts. Poor password hygiene presents a significant security risk for organizations. According to the 2019 Verizon Data Breach Investigations Report, 80% of hacking-related breaches involve compromised or weak credentials, while 29% of all breaches involved the use of stolen credentials. The consequences of a breach can be catastrophic, with the average cost of a stolen record $148, and the total cost incurred from a data breach averaging at $3.86m - far from small numbers. Despite this, 65% of organizations do not even check employee credentials against common password lists.FIDO (Fast IDentity Online) consortium (https://fidoalliance.org/) is an international alliance working towards an increased secure access to online services and the replacement of password based solutions. This standard is already endorsed by global leaders in the World Wide Web including Google, Amazon, Facebook, Alibaba, Microsoft, Wordpress, etc. FIDO2 is an evolution of this standard with an increased security.To learn more about WISeKey and its security solutions, visit WISeKey.com.For more information on Ensurity’s Zero Trust solutions, visit Ensurity.com.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  Ensurity Technologies Company Contact: K Sreenivas Vice President Tel: +91.40.23554033 info@Ensurity.com  About WISeKeyWISeKey (NASDAQ: WKEY; SIX Swiss Exchange: WIHN) 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.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.About Ensurity Technologies Ensurity offers cybersecurity solutions in the areas of identity management to help organizations adopt Zero Trust model. The company counts marquee institutions and enterprises among its clients. Ensurity's innovative security solutions are seeing global acceptance due to growing privacy and cybersecurity concerns. For more information on Ensurity’s Zero Trust solutions, visit Ensurity.com.

  • GlobeNewswire

    WISeKey closes $300,000 contract with arago to secure COVID-19 pandemic management, engaging in the 2nd deal in less than a month to actively fight the economic impact of COVID-19

    WISeKey closes $300,000 contract with arago to secure COVID-19 pandemic management, engaging in the 2nd deal in less than a month to actively fight the economic impact of COVID-19FacebookLinkedInMoreWISeKey Cybersecurity for arago AI based risk management delivers end-2-end security for managing COVID-19 pandemic and building an ecosystem to minimize the global economic impact of any pandemicGeneva – October 6, 2020 – WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN / Nasdaq: WKEY), a leading cybersecurity and IoT company today announced the second contract (after a contract with DIGID was announcement early this month https://www.wisekey.com/press/wisekey-selected-by-the-german-health-tech-company-digital-diagnostics-ag-to-secure-its-digid-cantisense-sars-cov-2-test/) supporting the global fight against COVID-19. The deal provides arago GmbH – a leading AI company heavily engaged in building pandemic management solutions on top of their existing knowledge automation platform HIRO™ – with the necessary end-2-end security for all data needed to proactively and safely manage and reduce COVID-19 infection risks on an individual basis. Using WISeKey’s cybersecurity and identity management system as part of arago’s risk management platform makes data received from testing stations, symptom checkers and other devices trustworthy and is the pre-condition for using this data to determine risk for an individual inside a managed environment. WISeKey Cybersecurity and IoT management will be gradually integrated in all arago COVID-19 projects with a visible pipeline exceeding $20 million for current COVID-19 projects only. WISeKey’s cybersecurity and identity management solutions are used to digitally certify and encrypt sensitive personal medical data originating from IoT health sensors, medical test lab results, proximity tracing devices and to create an anonymous digital identity for anyone entering a risk-reduced bubble arago’s pandemic management system generates. Secure data transfer and the anonymous IDs are a pre-requirement for processing this data in arago’s HIRO™ platform and determining individual risks. The risk management system is used to control e.g. the testing and tracing regimes necessary to allow running stadiums, other event locations, or holiday resorts at full capacity. Enterprise customers, companies in the event or tourism industry etc. can reduce systemic COVID-19 risk to their employees and visitors based on this proprietary assessment and the resulting test, symptom control and tracing regime. On top of making all data needed trustworthy individual health and risk status profile can be shared anonymously with third parties without revealing the identity of anyone involved using WISeKey’s identity management technology. Arago’s risk model is the foundation to minimizing the amount of testing people are exposed to while reducing risk on an individual level. The ecosystem of trusted health status allows running risk-reduced small and large bubbles to gradually bring back islands of normality. Enterprises and governments around the world are still struggling with the COVID-19 pandemic. While social distancing, remote work and temporary lockdowns have helped on the short-term to quell exponential spread, these measures cannot be applied for much longer without causing permanent social and economic damage. Trusted health platform for COVID-19 management based on arago’s risk management will enable enterprises to bring their operations back to almost normal levels, i.e. without requiring the current levels of capacity reduction or social distancing. By incorporating WISeKey’s digital identity arago takes its approach beyond security data as many governments recognize that COVID-19 strengthens the case for Digital Identities and Digital ID cards as provided by the WISeID platform (https://www.economist.com/leaders/2020/09/05/covid-19-strengthens-the-case-for-digital-id-cards).The computational core of arago’s risk management platform is powered by arago’s AI based Knowledge Automation and Data platform HIRO™. The end-to-end integration with tracing, testing, symptom management has the highest standards in security and privacy by design which is based on WISeKey’s cybersecurity and identity management technologies making GDPR compliance part of the DNA of entire system. This is the first of many unique opportunities for WISeKey’s and arago’s AIoT technology resulting from the groundbreaking strategic combination of the two companies’ industry leading products: arago’s HIRO™ platform and WISeKey’s Cybersecurity and IoT technologies. AIoT integrates semiconductors, smart sensors, IoT systems, Artificial Intelligence and data core technology to deliver to a unique starting point for empowering end-to-end innovation and digital transformation without losing privacy. Using WISeKey’s cybersecurity technology and IoT network, trusted data can safely be collected in HIRO™ making this data actionable autonomously and in real-time in a highly secure environment.About arago arago GmbH, Eschersheimer Landstraße 526, 60433 Frankfurt am Main (AG Frankfurt, HRB 100909) is a German technology private company which aim is to provide the benefits of Artificial Intelligence to enterprise customers globally through Knowledge Automation. Founded in Frankfurt am Main 1995 the company uses modern technologies such as inference and machine learning in order to automatically operate any business process.About WISeKey: WISeKey (NASDAQ: WKEY; SIX Swiss Exchange: WIHN) 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.Press and investor contacts:WISeKey International Holding Ltd  Company Contact:  Carlos Moreira Chairman & CEO Tel: +41 22 594 3000 info@wisekey.comWISeKey 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 the Swiss Financial Services Act (“FinSA”), the FInSa’s predecessor legislation  or advertising within the meaning of the FinSA, or within the meaning of any other securities regulation. 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.The securities offered will not be, and have not been, registered under the United States of America Securities Act of 1933, as amended, and may not be offered or sold in the United States of America, absent registration or an applicable exemption from the registration requirements of said Act.