About Trustsec

Information Security Experts

About Trustsec

Trustsec is founded by internationally recognized information security and cryptography experts. Launched in 2016, the company intends to fill the gap in the cybersecurity market, Securing data assets, and digital identity against unauthorized access, cyber-attacks, hacking, through its state of the art and innovative products and solutions.


Through Trustsec pool of experts and its business-driven innovative solutions, Trustsec offers its uniquely, in-house developed operating system for smart cards- SLCOS, a variety of products and solutions, that cover Software protection, data encryption, OTP, and security hardware namely PKI tokens and FIDO2 tokens in addition to its unique panel of professional services; of consultation, integration, testing, and outsourcing to help the other companies benefit from the latest available advances in cryptography to improve their products and services.


TrustSec has acquired Softlock inc in 2020. This new chapter for Softlock and Trustsec is an important step for the information security field where two companies with their strengths combined will better serve the region. Working in parallel, the R&D of Softlock with accumulative 25 years of experience, and the professional supervision of Trustsec Board who steer the organization towards a successful future, the two companies will provide the best-in-class secure digital experience to the benefit of individuals, entities, and governments!


Throughout the past 25 years, Softlock has been a leader in providing innovative information security solutions in the Middle East. Softlock has been focusing on research and development over the past 25 years. The company’s latest unique innovative solution was the smart card operating system SLCOS. With its strategy of innovation, Softlock is now developing smartcard solutions and applets that run on SLCOS to serve the different sectors under Trustsec Supervision.

Meet our

Board of Directors


Magdy Sharawi

CEO & Founder

Entrepreneur and technology visionary who played a key role in developing innovative encryption solutions in the middle east as the founder and CEO of Softlock. With more than 25 years of experience in cryptography, Magdy founded Trustsec to be a leader in the European market, with international presence, that stands out for providing top-quality information security solutions.


Konstantin Papaxanthis

Board chairman

Entrepreneur with a 20 year long successful career within IT Security/ICT. Double degrees in Business Administration and Economics from the University of Stockholm. Extensive experience in complex business development, strategies & sales, operations, interim management and with an international network that spans over 60 countries. As a team builder, turnaround- and growth specialist with broad experience from innovation management and a strong visionary.


Hans Graux

Vice Chairman

TrustSec legal arm ensuring compliance, alignment with EU policies and the management of intellectual property rights. as an ICT lawyer, Hans has been working on electronic signatures and trust services for more than a decade, and also as an advisor to the European Commission, various European governments and private sector clients.


Stein Eirheim

Board Member

A professional leader with extensive international experience as a board representative, operational executive, project director, and financial director. Background and experience from Strategic planning and execution, operational management, and business development. Documented excellent results in growing business, performance improvement and business management.

Managing Director, A.E.T. Europe B.V. with more than 22 years of experience in the information security industry and the security software solutions as user identification, authentication, and digital signatures.


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Our Strength 


Innovative Security Solutions


Security Hardware


In-house Smartcard Operating System




Embedded System Experts