{"id":2681,"date":"2020-07-15T16:20:12","date_gmt":"2020-07-15T14:20:12","guid":{"rendered":"https:\/\/trustvalley.tech\/2020\/07\/15\/half-a-million-to-further-boost-cysec-growth\/"},"modified":"2020-07-15T16:20:26","modified_gmt":"2020-07-15T14:20:26","slug":"half-a-million-to-further-boost-cysec-growth","status":"publish","type":"post","link":"https:\/\/trustvalley.swiss\/en\/2020\/07\/15\/half-a-million-to-further-boost-cysec-growth\/","title":{"rendered":"Half a million to further boost CYSEC growth"},"content":{"rendered":"<div class=\"intro\"><strong><span lang=\"EN-US\">The start-up based at EPFL Innovation Park provides a highly innovative solution for the\u00a0growing Confidential Computing domain. CYSEC has just received a Tech Growth loan of 500\u2019000 Swiss francs from the Foundation for Technological Innovation (FIT). This follows a second full year of strong sales growth.<\/span><\/strong><\/div>\n<div class=\"content\">\n<p><span lang=\"EN-US\"><a title=\"CYSEC SA\" href=\"https:\/\/cysec.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">CYSEC SA<\/a>\u00a0has developed a highly innovative cybersecurity risks mitigation solution which aims at making accessible cybersecurity to all organizations. CYSEC is a member of the Confidential Computing Consortium to which it expects to contribute with leadership and significant value through its cybersecurity expertise and experience.<\/span><\/p>\n<p><strong><span lang=\"EN-US\">CYSEC\u2019s ARCA cybersecurity solution<\/span><\/strong><span lang=\"EN-US\"><strong>\u2028<\/strong><\/span><\/p>\n<p><span lang=\"EN-US\">With the acceleration of the digital transformation, more and more organizations are deploying critical applications containing sensitive data, which need to be protected by implementing a range of security tools and components. Existing solutions are complex to manage, show very little flexibility, and remain subject to numerous security weaknesses. To facilitate the digital transformation without compromising security, CYSEC has developed a new versatile and highly scalable security solution called ARCA, which stores sensitive data and runs critical software in a trusted environment. ARCA provides a whole new level of flexibility and agility and enables to quickly deploy applications in a secured environment, offering organizations an innovative, easy-to-install and cost-effective way to adapt to changing security and business requirements.<\/span><\/p>\n<p><strong><span lang=\"EN-US\">Ensuring the security of critical data for a wide range of applications<\/span><\/strong><span lang=\"EN-US\">\u00a0<\/span><\/p>\n<p><span lang=\"EN-US\">By integrating state-of-the-art certified security hardware, ARCA guarantees the secure hosting of sensitive applications. On the software side, CYSEC\u2019s product allows to securely manage access keys, provide encryption and decryption functionalities, as well as digital signatures and other strong authentication services relying on state-of-the-art cryptographic algorithms.<\/span><span lang=\"EN-US\">\u2028<\/span><span lang=\"EN-US\">CYSEC has, among others, partnered with industry leaders including\u00a0METACO, a provider of secure infrastructures for digital assets,\u00a0Astrocast, a global satellite IoT network provider,\u00a0Geosatis, a unique IoT devices provider for critical infrastructure and\u00a0Build38, a leader in the security of mobile applications. This year, CYSEC has also won a contract with the European Space Agency (ESA) to protect ship tracking communications against cyber threats.<\/span><\/p>\n<p><strong><span lang=\"EN-US\">Academic collaborations, awards &amp; fundraising demonstrate its traction<\/span><\/strong><span lang=\"EN-US\"><strong>\u2028<\/strong><\/span><\/p>\n<p><span lang=\"EN-US\">In addition to registered patents, the technological value of CYSEC is also recognized by various academic and industrial collaborations through the Innosuisse, EUREKA \/ EUROSTARS and H2020 programs. The start-up has also been selected to participate in the ESA BIC incubation programme, is among the winners of the start-ups IMD competition and of the International Telecommunication Union (ITU) Innovation Challenges.<\/span><span lang=\"EN-US\">\u2028\u00a0<\/span><span lang=\"EN-US\">Led by Patrick Trinkler as CEO, Yacine Felk as COO, Alexandre Karlov as CTO and a highly talented team, CYSEC already obtained a FIT Tech Seed loan in 2018. \u201cWe are honoured that\u00a0<a title=\"FIT\" href=\"https:\/\/fondation-fit.ch\/\" target=\"_blank\" rel=\"noopener noreferrer\">FIT<\/a>\u00a0has shown its confidence in our company, its innovative technology and future growth plans by granting us this new loan.\u201d, explains Patrick Trinkler.<\/span><\/p>\n<p><span lang=\"EN-US\">(Press release)<\/span><\/p>\n<p>From left to right: Patrick Trinkler, Alexandre Karlov, Yacine Felk<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The start-up based at EPFL Innovation Park provides a highly innovative solution for the\u00a0growing Confidential Computing domain. CYSEC has just [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":2677,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15],"tags":[],"class_list":["post-2681","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Half a million to further boost CYSEC growth - Trust Valley<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trustvalley.swiss\/en\/2020\/07\/15\/half-a-million-to-further-boost-cysec-growth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Half a million to further boost CYSEC growth - Trust Valley\" \/>\n<meta property=\"og:description\" content=\"The start-up based at EPFL Innovation Park provides a highly innovative solution for the\u00a0growing Confidential Computing domain. 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