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WISeKey SA

WISeKey promotes digital security at the 5th Global Competitiveness Forum in Riyadh

Geneva (ots)

At the 5th Global Competitiveness Forum in Riyadh,
Carlos Moreira, founder and CEO of WISeKey, a leading eSecurity 
company, speaking alongside Jean Chretien, former Canadian Prime 
Minister, Caroline Daniels, chairman and CEO of Aircraft Technical 
Publishers, James Turley, chairman and CEO of Ernst & Young and 
Muhammad Al- Jasser, Saudi Arabian Monetary Agency Governor, 
underlined the importance of providing digital security for web users
around the world.
In line with the words of former British Prime Minister Tony 
Blair, one of the main challenges of the future is the question of 
security in the modern world. How data is secured and the identity of
each individual interacting online is protected is at the top of 
WISeKey's list of priorities. Mr. Moreira underlined that the web is 
a 20-year-old infrastructure that was not designed to carry the load 
or face the security issues or usage of the system today. "In the 
coming years it is imperative that we promote a new system that 
provides security for users around the world."
With so much personal information on the web, protecting this 
information is the biggest challenge. Any basic hacker can buy 
software for $300 and get into the infrastructures. Wikileaks has 
grabbed everyone's attention recently, but there is also the fact 
that government systems providing for example ID cards and also 
financial services are built on outdated infrastructures that do not 
do the upmost to protect the individual. And, Mr. Moreira added, "we 
are not only adding more people to the web - Facebook is a great 
example of that - we are also adding new devices. [In the next 10 
years] there will be 50 billion devices..."
Read more: http://www.presseportal.ch/go2/complet_press_release
More:
http://www.presseportal.ch/go2/pannel_session
http://www.presseportal.ch/go2/It_is_not_all_about_business
http://www.presseportal.ch/go2/Al-Jasser

Contact:

Olivia Ward
Tel.: +41/22/594'30'00
E-Mail: oward@wisekey.com

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