TrustSEC Pitch at TRUSTECH 2021!
Don’t miss our speech today at TRUSTECH! Don’t miss our speech today at the innovation stage at TRUSTECH at 12:55 PM, Zone E, Conference Room 02, Pavillion 5.2: “Biometric Smartcards: Solving identity and security challenges, in the Crypto space.” Join us, we will illustrate how biometrics has made a revolution on #authentication and its critical role in securing #cryptoassets. The spotlight this year is on our Smartcard OS SLCOS and the new Bio version developed for CardLab and its role in leveraging the usage of biometric smart cards that were mainly developed for ID, access, and payments. It also serves the digital transformation to Hard wallets in cooperation with the leading Spanish technology startup eSignus and their HashWallet solution. At TRUSTECH 2021, discover how all this – and more – is brought by the strong partnership! Get your free badge: https://badge.trustech-event.fr/en/home.htm?utm_source=ctaaccueil&utm_medium=siteinternet&utm_campaign=registration_opening_gb_26072021
TrustSEC at TRUSTECH 2021
TRUSTECH is back again in Paris and TrustSEC is there! Join us at our stand 5.2 A 038 and explore the latest applications of biometric authentication over smartcards through a series of cutting-edge demos to the innovative use cases that solve the security problems of IDs, access, payments, and cryptocurrency and cryptoasset wallets! You will also have a chance to tune into our expert talks on trending topics in the conference zone. The spotlight this year is on our Smartcard OS SLCOS and the new Bio version developed for CardLab and its role in leveraging the usage of biometric smart cards that were mainly developed for ID, access, and payments. It also serves the digital transformation to Hard wallets in cooperation with the leading Spanish technology startup eSignus and their HashWallet solution. At TRUSTECH 2021, discover how all this – and more – is brought by the strong partnership!
TrustSec Supervisory Board Members 2021 – TrustSEC
TrustSec Supervisory Board Members 2021. PRESS-RELEASE 2021-02-16 Poland, Szczecin (February 16, 2021) – TrustSec is pleased to announce the appointment of three new supervisory board members, Konstantin Papaxanthis, Hans Graux, Stein Eitrheim, and Reinoud Weijman as an advisor to the Board, who all have extensive experience in the information security market and who will add significant value to TrustSec. Konstantin Papaxanthis has accepted a position as our board chairman. He is an entrepreneur with a 20 year long successful career within IT Security/ICT, innovation management, an expert on setting up State/National programs for the issuance of National eID Cards, DLs, ePassports, mobile Driving Licenses/mobile IDs, Trust Centers, MedTech/Health Care in several countries. He has extensive experience in complex business development, strategies & sales, operations, interim management, and an international network that spans over 60 countries. As a turnaround and growth specialist with broad experience from innovation management and a strong visionary, being Group CEO, Founder, Owner of the Swedish Mobile Driving Licenses & Mobile IDs provider, Scytáles AB, Member of the Board and Member at the Board of Trustees of Stockholm Chamber of Commerce, Chairman of the Board of Trust1Team and the eID Forum, we believe our new board chairman will strengthen our leading position in the market by creating new partnerships in Europe. Hans Graux has accepted a position as our vice-chairman. He is an ICT lawyer at the bar of Brussels, and a founding partner in the law firm Timelex, a firm specialized in information and technology law. Since obtaining a Law degree (2002) and completing a complementary study in Informatics (2003), he has been involved professionally in ICT Law throughout his professional career. Hans Graux was a part of the legal team advising the European Union in the establishment of the eIDAS Regulation on electronic identification and trust services (including electronic signatures and timestamps), and assists multiple European governments in legal and policy matters related to this topic and to information security in general. He provides specialized legal assistance to ID and information security companies and research initiatives, both in Europe and internationally, and is an internationally recognized legal expert in electronic authentication. Stein Eitrheim as a board member, a seasoned business professional with extensive international experience as a board representative and executive director. Stein holds a Bachelor’s degree in Finance and Administration and has worked more than 20 years in the ICT business domain in companies like Telenor, Banetele, and Norconsult Telematics. He has a proven track record in change management with extensive experience in strategic planning and operational execution. Stein currently works in a senior management consulting capacity, offering advisory services to both national and international clients. Stein was the project lead of setting up Telenor in Pakistan and headed up the performance improvement program in the company’s mobile value chain in Norway. As a keen entrepreneur, Stein has initiated several start-ups and supported funding initiatives concerning new businesses. Stein is a customer-centric leader who thrives when operating in the business and technology interface, whilst exploring new opportunities and services suited for efficient digital transformation. We are also glad to announce Reinoud Weijman joining as Board Advisor to TrustSec. Reinoud is the Managing Director at A.E.T. Europe B.V. with more than 22 years of experience in the information security industry and security software solutions as user identification, authentication, and digital signatures. “We’re excited to expand our board with three new members who have great and diverse expertise in the information security field and who will be a great addition to the company. We have worked diligently to ensure TrustSec is providing state of the art technologies, we believe under the supervision of a dedicated team of information security leaders who are committed to providing vision, strength, and stability to TrustSec, we would reach higher levels of productivity and innovations”, said Founder and CEO Dr. Magdy Sharawy. About TrustSec TrustSec is founded by internationally recognized information security and cryptography experts. Launched in 2016, the company aims 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. What TrustSec offers: 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 2020 TrustSec has acquired Softlock inc in 2020. This new chapter for TrusfSec and Softlock 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 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.
Biometric Smartcards pitch at TRUSTECH
Throwback to eSignus speech today at TRUSTECH about Biometric smartcards. Online services were already growing exponentially in recent years, and the pandemic has accelerated their adoption by companies and users. As the value of the services provided increases, so do the risks of accessing these services and falling victim to fraud or impersonation. The estimated number of passwords used in 2021 amounts to an incredible 300 trillion. It is expected to continue increasing year after year along with the services provided online, and only in the first half of 2020, Data breaches expose 36 billion records. Biometric Smartcards security Hackers attack people worldwide roughly every half a minute. This translates to a cybercrime being committed on an average of 2,244 times per day, taking in the financial services industry the highest cost from cybercrime at an average of $18.3 million per company. Therefore, authentication and signature of users and employees in digital environments are critical to reducing these risks and enabling easy adoption and transition to digital services. Security measures typically increase the complexity of transactions for users and increase friction in critical day-to-day processes. Usability and recognizable user experiences are as important as security itself to have success in implementing security policies. For these reasons, our approach to this problem focuses on two fundamental factors: On the one hand, using truly secure hardware, where the user can perform the authentication and signature processes. We implement state-of-the-art security in terms of design and electronic components and complement this with biometrics. Biometrics are primarily used because of two significant benefits: The convenience of use: Biometrics cards are always with you and cannot be lost or forgotten. Challenging to steal or impersonate: Biometrics can’t be stolen like a password or key can. The combined protection of your physical or behavioral signatures with other authentications gives some of the strongest known security. It is significantly better than using a character-based password as a standalone verification. On the other hand, there is the hardware form factor and the user experience. We know that one of the most significant security issues is the frictionless adoption of such measures. TrustSEC and CardLab ApS collaboration with eSignus, has successfully collaborated to provide a state-of-art authentication solution that solves such a problem. That is why our solutions are based on a credit card form factor and a similar user experience so that it is not only easy to use but can be implemented without friction and high user training costs. Throughout eSignus CEO “Daniel Hernandez” speech yesterday at TRUSTECH; he delved into the design of the solutions and showed its innovative use case, which solves the security problems of cryptocurrency and cryptoassets wallets “HASHWallet” by eSignus. Contact us for the full speech info@trustsec.net
Explore TrustSEC Cutting-Edge Biometric Solutions at Major 2023 Events – TrustSEC
We Look Forward to Seeing You 2023 Exhibitions We are excited to announce our upcoming presence at several Identity, Authentication, and Payment MAJOR EVENTS where we will showcase our latest cutting-edge biometric smartcard solutions. As leaders in the industry, we are committed to providing the highest level of security and utilizing unique biometric features to ensure maximum protection of identities both in the digital world and in real life. Experience the future of secure contactless transactions and unlock a world of convenience with our captivating demos showcasing cutting-edge payment and authentication smartcards enhanced by the power of biometric fingerprint authentication. Don’t miss our DEMOS! Upcoming Events 2023 Event Date Location Description ID4AFRICA 2023 24-25 MAY Nairobi, Kenya The biggest annual conference focused on advancing digital identity solutions in Africa, bringing together industry leaders, policymakers, and technology experts to discuss the challenges and opportunities in achieving secure and inclusive digital identities on the continent. Identity Week Europe 2023 13-14 JUNE Amsterdam, Netherlands Europe’s main event that gathers professionals and innovators from various sectors to explore the latest developments and trends in identity technologies, authentication, and biometrics, fostering collaboration and knowledge sharing for a more secure and efficient digital world. Seamless Saudi Arabia 2023 04-05 SEPT Riyadh Front, Saudi Arabia The biggest annual conference focused on Saudi Arabia’s brightest minds together from across e-commerce, retail, payments, and fintech, Seamless Saudi Arabia ignites new ideas and inspires the audience to think differently. Seamless Payments & Fintech Europe 2023 18-19 OCTOBER Messe Berlin, Germany A premier conference and exhibition dedicated to showcasing cutting-edge advancements and strategies in the payment and fintech industry, enabling professionals to stay informed about emerging trends, network with industry peers, and drive innovation in the European market. TRUSTECH 2023 28-30 NOVEMBER Paris, France The biggest global event for authentication and payment, where industry leaders in trust-based technologies, digital identity, and payment solutions come together to foster discussions on innovation, collaboration, and the future of secure transactions in a digitalized world.
TrustSEC at Identity Week Amsterdam 2023: Shaping the Future of Biometric Smartcards and Authentication
TrustSEC at Identity Week Amsterdam 2023: Shaping the Future of Biometric Smartcards and Authentication At TrustSEC, we are thrilled to recount our remarkable participation in Identity Week Amsterdam 2023, an event that has left an indelible mark on our journey of innovation. It was an opportunity for us to showcase our latest technological advancements in smart card integration and the fortification of user identities within authentication and payment systems. While we’re immensely proud of our showcase, we’re equally excited to reflect on the technical aspects that make our solutions stand out and the transformative potential they hold. Setting New Standards in Security: The Match on Card Feature Central to our presence at Identity Week was our Match on Card feature. This ingenious technology marries the security of biometric authentication with the versatility of smart cards, creating a formidable barrier against unauthorized access. The Match on Card feature represents a significant leap in security, as it ensures that biometric data remains securely stored on the card itself, eliminating the need for centralized databases. This not only enhances privacy but also reduces the risk of data breaches, setting new standards in user identity protection. Unlocking a World of Possibilities: Use Cases Our biometric smartcards have far-reaching applications. Imagine a future where secure access to physical and logical spaces is streamlined through a single, highly secure card. From corporate environments to government institutions, healthcare facilities to educational institutions, the potential applications are boundless. With our technology, organizations can implement a unified and secure authentication process, simplifying access control while fortifying security measures. Changing the Landscape of Authentication: Access Biometric Control Cards One of the standout features of our solutions is the Access Biometric Control Card. This innovative card serves as a key to a world where authentication is both seamless and impenetrable. It ensures that only authorized individuals gain access to sensitive information or physical locations. The Access Biometric Control Card merges convenience and security in a way that transforms the authentication landscape. It’s not just a card; it’s a paradigm shift. A Testament to Our Commitment Our participation in Identity Week Amsterdam 2023 is a testament to our unwavering commitment to advancing authentication and payment processes. We don’t just follow trends; we set them. We don’t merely embrace innovation; we drive it. At TrustSEC, our mission is to create a safer, more efficient digital world, and events like Identity Week empower us to turn that mission into a reality.