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.

R&D research Programs

Research & Development Services

TrustSec is a leading niche information technology (IT) company specialized in authentication solutions & data protection, Biometrics, and smart card Operating system. Every day we strive to match users’ needs with innovative solutions.


While we focus on the areas in which we excel, we also work in parallel on an internal R&D program, the program is an effective tool of the innovative activity management system for achieving strategic goals of the Company and addressing challenges set out in the Innovative Development Program.


CEO and Founder of TrustSec, Magdy Sharawy, said: “We can be proud of our crucial for innovation because we don’t only hold the knowledge to create competitive new products, we make sure we add value to entities and individuals to feel secure in the digital transformation era.


Europe Digital Transformation

TrustSec takes part in Information technology leading associations and organizations as Eurosmart organization and the PKI Consortium, to advocate for a strong and comprehensive approach to strengthen cyber resilience and support Europe in its global race for technological leadership in the digital transition.

The contribution in such organizations and associations is a necessary step to enhance the laws and regulations proposed to the European Commission to bring more confidence and trust to stakeholders.

Meet our

Board of Directors


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 Eitrheim

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.


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.

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