WISeKey to showcase “INeS” a fully-fledged PKI-as-a-service solution supporting MATTER standard, at the upcoming SIDO Paris 2022 IoT Exhibition

Rhea-AI Summary

WISeKey announced its participation at the SIDO Paris 2022 IoT Exhibition on November 08-09, showcasing its PKI-as-a-service solution, INeS, which supports the MATTER standard. The event will focus on security in IoT identity provisioning, with manufacturers encouraged to ensure their devices are 'Matter-trusted' through PKI. WISeKey’s expertise as a Public Trusted CA will aid IoT manufacturers in achieving compliance. The SaaS model is proposed as an efficient means to implement certificate management in the manufacturing process, enhancing security and efficiency.

Positive

• Participation in SIDO Paris 2022 showcases innovation in cybersecurity and IoT.
• Introduction of the INeS solution offers flexibility for manufacturers needing PKI services.
• Collaboration with CSA to become accredited CA for the Matter protocol enhances credibility.

Negative

• None.

WISeKey to showcase “INeS” a fully-fledged PKI-as-a-service solution supporting MATTER standard, at the upcoming SIDO Paris 2022 IoT Exhibition

GENEVA – November 8, 2022: WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity and IoT company announced that it will participate to the SIDO Paris 2022 Exhibition from November 08-09 to showcase its end-to-end security portfolio of products and solution featuring PKI-as-a service, Digital Identity provisioning and Semiconductors.

Security by Design and IoT Identity Provisioning will be high priority topics at this year’s venue of the famous European event dedicated to IoT convergence, Artificial Intelligence and Robotics.

Standards in IoT industry (such as Wi-SUN, Matter and others) are aiming at changing the future of IoT devices interoperability and security, and increasing trust from Users. To enable secure authentication and prevent counterfeiting, OEMs and manufacturers must add certificates to their IoT devices and security chips at the assembly line.

With Matter Standard, device manufacturers need to start preparing their devices to be “Matter-trusted” and receive the Matter logo on them. PKI will be a cornerstone in the process of becoming “Matter-trusted”.

WISeKey leverages its long experience as Public Trusted CA (Certificate Authority) and WebTrust accreditation to support various Trust Models and provide the relevant CA hierarchy for IoT Manufacturers and IoT Solution Providers. Manufacturers using PKI for IoT security need to become more rigorous about the adoption of certificate policy, which governs trust and assurance levels. Achieving a full compliance would greatly improve results of security audits and establish full trust all along the IoT supply chain. WISeKey is thus engaged with CSA (https://csa-iot.org/) to become an accredited CA for Matter protocol.

Given the required scale of PKI for IoT, one of the best options to maintain high service levels and security without losing efficiency is to rely on a SaaS model that offers PKI-as-a-Service. Additionally, using PKI through a managed service model eases the burden for manufacturers to properly maintain the system regarding functionality, performance, and security assurance levels.

“WISeKey PKI for IoT solution, INeS^TM”, provides high flexibility to OEMs and IoT Devices manufacturers who need to issue and manage certificates, at any scale and at any stage of the design and manufacturing process” Said Gweltas Radenac, IoT & PKI Business Unit Director at Wisekey.

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 1.6 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.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.

FAQ

What is WISeKey showcasing at SIDO Paris 2022?

WISeKey is showcasing its PKI-as-a-service solution, INeS, which supports the MATTER standard.

When is the SIDO Paris 2022 IoT Exhibition?

The SIDO Paris 2022 IoT Exhibition is from November 08-09, 2022.

What are the benefits of WISeKey's PKI-as-a-service solution?

The PKI-as-a-service solution provides flexibility for manufacturers in certificate management at any scale.

How does WISeKey support IoT manufacturers?

WISeKey supports IoT manufacturers by leveraging its experience as a Public Trusted CA and aiding them in achieving compliance with security standards.

What is the MATTER standard in IoT?

The MATTER standard aims to enhance interoperability and security among IoT devices, requiring manufacturers to ensure their devices are 'Matter-trusted'.