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WISeKey Warns Private Banks at the UIPF 2010 Conference in Geneva about the Dangers of Cyber-Criminality and the Need for Rethinking Personal Data for Banks

Geneva (ots)

WISeKey, an World Economic Forum Global Growth
Company, represented by its founder and CEO Carlos Moreira, shared a 
panel at the Union des intérêts de la place financière lémanique - 
2010 Conference on Cyber-Criminality, to underline the need for 
strong authentication and digital identification in the banking 
sector. During the presentation, WISeKey demonstrated how 
cyber-criminality is increasing worldwide, as shown by the recent 
attacks on financial organizations and the new threats emerging from 
new technologies. Many security experts and companies like WISeKey 
who protect critical infrastructures are concerned about the threat 
to critical assets in banking and financial institutions in 
Switzerland.
Mr. Moreira explained to the audience that while information 
security has been a key concern since the proliferation of computer 
networks, the increased levels of concern have prompted organizations
such as the private banks to devote more resources and request 
assistance from security firms such as WISeKey to combat this threat.
Computers can be used as weapons, and the effort to improve computer 
security is driven by contradictory forces, as although the Internet 
needs to remain open, with its totally unsecured and decentralized 
architecture, this means that software is essentially completely 
unsecured allowing hackers and Cyber-attackers to find their way in.
During the presentation, WISeKey demonstrated how they are helping
banks and governments around the world to secure their critical 
assets and infrastructures and are developing solutions for the 
broader adoption of Trusted Cloud Applications, allowing Swiss banks 
to participate fully and to reduce dependency on centralized services
in foreign countries.
More: http://www.presseportal.ch/go2/WISeKey-Warns-Private-Banks
Videos:
Part 1: http://www.youtube.com/watch?v=5MdWGzmZiOA
Part 2: http://www.youtube.com/watch?v=P-g2c9Aq628
Part 3: http://www.youtube.com/watch?v=DrduW8xb3iI

Contact:

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

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