WISeKey’s Subsidiary, SEALSQ Partners with Accubits to Reinforce Security in the Semiconductor and IoT Ecosystem Using LLMs

Rhea-AI Summary

WISeKey's subsidiary, SEALSQ, partners with Accubits to enhance security in the semiconductor and IoT ecosystem using Generative AI and Large Language Models. The collaboration aims to strengthen the security infrastructure of semiconductors and IoT networks by leveraging post-quantum encryption and advanced AI capabilities. WISeKey is developing a suite of Trust Services focused on real-world applications of PQE, including digital signatures, encryptions, secure communication channels, key exchanges, and email security. The partnership will enable secure data processing, enhanced user privacy, secure software updates, confidential machine learning, encrypted command and control, and secure data sharing in the IoT sector.

WISeKey’s Subsidiary, SEALSQ Partners with Accubits to Reinforce Security in the Semiconductor and IoT Ecosystem Using LLMs

GENEVA, SWITZERLAND – August 2, 2023 —WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leader in cybersecurity, digital identity, and Internet of Things (IoT) solutions operating as a holding company, today announced that its subsidiary SEALSQ Corp (Nasdaq: LAES) (“SEALSQ”) and Accubits Technologies Inc. (“Accubits”), a global solution provider focused on enabling enterprises to apply artificial intelligence and blockchain technologies in their business, today announced their cutting-edge initiative to dramatically fortify the security infrastructure of semiconductors and the expanding Internet of Things (IoT) ecosystem. The partnership aims to harness the potential of Generative AI and Large Language Models, marking a monumental shift in cybersecurity norms.

As part of this pioneering collaboration, WISeKey is creating a novel suite of Trust Services centered on real-world applications of Post-Quantum Encryption (PQE) encompassing digital signatures, encryptions, secure communication channels (TLS), key exchanges, and email security (S/MIME).

Carlos Moreira, WISeKey’s CEO, commented, "Our implementation of PQE hinges on the 'hybrid signatures' concept, a blend of conventional and PQE signatures within a single X.509 certificate. This approach guarantees backward compatibility while pioneering a new frontier in cybersecurity services."

SEALSQ’s post-quantum technology has emerged as an indispensable instrument in preserving data privacy and integrity in IoT networks, offering robust protection against potential breaches by quantum computers, which can theoretically undermine conventional encryption methods.

By integrating SEALSQ with Generative AI capabilities, the partnership will facilitate several advancements, primarily for the IoT sector. These will include secure data processing, enhanced user privacy, secure software updates, confidential machine learning, encrypted command and control, and secure data sharing.

Utilizing Large Language Models with SEALSQ will provide quantum-resistant encryption of updates. Introducing Confidential Machine Learning will enable model training on encrypted data and keep the model confidential. The integration of Encrypted Command and Control will allow users to securely manage IoT devices using natural language, with all communications securely encrypted. Additionally, Secure Data Sharing will enable IoT devices to encrypt data using SEALSQ and process or analyze it using LLM without being decrypted.

Jithin VG, CEO of Accubits, shares his insights on the partnership, "We've been at the forefront of the AI revolution, launching multiple Large Language Models that provide unparalleled performance in their respective fields. Combining our proficiency in Generative AI with SEALSQ's groundbreaking post-quantum technology is a natural progression for us. This collaboration marks a defining moment in cybersecurity, as we together fortify the digital infrastructure and redefine the boundaries of secure IoT interactions."

The requirement to augment security infrastructure for the semiconductor industry has never been more urgent from both technological and strategic perspectives. As AI continues to drive innovation and produce transformative tools central to the global economy, the reliance on sophisticated, high-performance computer chips becomes more critical.

With this groundbreaking collaboration, SEALSQ and Accubits demonstrate their commitment to pushing the boundaries of secure and innovative technology, aiming to safeguard our increasingly interconnected digital landscape.

About Accubits Technologies

Accubits Technologies is a full-service software provider enabling Governments, Fortune 1000 companies, and Tech startups to accelerate their business growth with bleeding-edge technology and solutions. Accubits helps organizations to be future-proof through data-driven solutions for mobile, cloud, and web platforms.

About SEALSQ
SEALSQ (Nasdaq: LAES) is a subsidiary of the WISeKey Group that focuses on developing and selling solutions based on Semiconductors, PKI and Provisioning services, while developing Post-Quantum technology hardware and software products. Our solutions can be used in a variety of applications, from Multi-Factor Authentication devices, Home Automation, and IT Network Infrastructure, to Automotive, Industrial Automation and Control Systems.

Post-Quantum Cryptography (PQC) refers to cryptographic methods that are secure against an attack by a quantum computer. As quantum computers become more powerful, they may be able to break many of the cryptographic methods that are currently used to protect sensitive information, such as RSA and Elliptic Curve Cryptography (ECC). PQC aims to develop new cryptographic methods that are secure against quantum attacks. For more information, visit www.sealsq.com.

About WISeKey
WISeKey International Holding Ltd ("WISeKey", SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, and (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions.

Each subsidiary contributes to WISeKey's mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. The company's semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people. For more information on WISeKey's strategic direction and its subsidiary companies, please visit www.wisekey.com.

Press and investor contacts:

WISeKey International Holding Ltd Company Contact:  Carlos Moreira Chairman & CEO Tel: +41 22 594 3000 info@wisekey.com

WISeKey Investor Relations (US) Contact:  Lena Cati The Equity Group Inc. Tel: +1 212 836-9611 lcati@equityny.com

Disclaimer:
This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of article 652a or article 1156 of the Swiss Code of Obligations or a listing prospectus within the meaning of the listing rules of the SIX Swiss Exchange. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.

FAQ

What is the partnership between WISeKey's subsidiary SEALSQ and Accubits about?

The partnership aims to enhance security in the semiconductor and IoT ecosystem by leveraging Generative AI and Large Language Models.

What are the Trust Services being developed by WISeKey?

WISeKey is developing a suite of Trust Services focused on real-world applications of Post-Quantum Encryption (PQE), including digital signatures, encryptions, secure communication channels, key exchanges, and email security.

What advancements will the partnership bring to the IoT sector?

The partnership will enable secure data processing, enhanced user privacy, secure software updates, confidential machine learning, encrypted command and control, and secure data sharing in the IoT sector.

What is SEALSQ's post-quantum technology used for?

SEALSQ's post-quantum technology is used to preserve data privacy and integrity in IoT networks, offering robust protection against potential breaches by quantum computers.

What is the significance of integrating Generative AI with SEALSQ?

Integrating Generative AI with SEALSQ will facilitate advancements such as secure data processing, enhanced user privacy, secure software updates, confidential machine learning, encrypted command and control, and secure data sharing in the IoT sector.