Kaspersky Lab has joined forces with Swiss security firm, WISEKey, to develop technology to integrate authentication and data encryption into new wearable devices; it will allow these IOT devices to safely connect, communicate and exchange financial data. The company is working on a system that uses the same cryptographic techniques as those used in secure messaging apps like WhatsApp or Signal, but which can be implemented without compromising security. " This cooperation between WISEKey and Kaspersky Lab represents a breakthrough in IoT cyber-security", said WISEKey's CEO, Carlos Moreira.
Kaspersky Lab has joined forces with Swiss security firm, WISEKey, to develop technology to integrate authentication and data encryption into new wearable devices; it will allow these IOT devices to safely connect, communicate and exchange financial data. Many connected devices and the data they exchange are not protected from cyber security threats and this will become even more serious as more are used to make payments. "This cooperation between WISEKey and Kaspersky Lab represents a breakthrough in IoT cyber-security", said WISEKey's CEO, Carlos Moreira.