FOR IMMEDIATE RELEASE
STOCKHOLM – October 5, 2023

Versasec and Swissbit Announce Technology Partnership, Combining Forces for Most Flexible Hardware Authentication

Versasec, a prominent player within the domain of identity and access management solutions on a global scale, is delighted to announce its strategic collaboration with Swissbit, the leading European manufacturer of storage, security, and embedded IoT solutions for demanding applications. This dynamic partnership unites Versasec’s acclaimed credential management system with Swissbit’s hardware-based authentication solutions, led by the security key iShield Key Pro.

Technology advancements pave the way for malicious threats against companies and organizations across the globe. Organizational leaders are prioritizing protection for their company’s assets and identities. They are turning to identity and access management solutions as a prominent part of their IT strategy to strengthen their security. 

The technology alliance between Versasec and Swissbit enables businesses to optimize their authentication procedures, lower operational expenses, and enhance security with authentication devices and an integrated management system. The joint solution provides organizations with a seamless solution to elevate their security, meet compliance and exceed customer expectations.

“Versasec is on a mission to enable the adoption of FIDO as a significant authentication method for enterprises globally,” stated Joakim Thorén, CEO at Versasec. “Together with Swissbit, we are quickly moving towards this common goal.”

“Phishing-resistant, passwordless user authentication is a vital need for businesses and organizations that are seeking to meet their Zero Trust requirements and extend their cybersecurity infrastructures,” said Claus Gründel, general manager of Swissbit’s Embedded IoT Solutions division. “Therefore, we are very excited about the technology partnership with Versasec. As the leading provider of state-of-the-art, highly secure identity and access management products, Versasec and its award-winning software systems combine perfectly with Swissbit’s FIDO-compatible security keys.”

About Swissbit

Swissbit AG is the leading European manufacturer of storage, security and embedded IoT solutions for demanding applications. Swissbit combines its unique competences in storage and embedded IoT technology with its advanced packaging know-how. This expertise allows our customers to reliably store and protect data in industrial, NetCom, automotive, medical, and fiscal applications as well as across the Internet of Things (IoT). Swissbit develops and manufactures industrial-grade storage and security products “Made in Germany” with high reliability, long-term availability, and custom optimization. Swissbit was founded in 2001 and has offices in Switzerland, Germany, USA, Japan, and Taiwan.

PR contacts

Versasec, Gabriela Peralta, +1 (855) 655-6281, info@versasec.com
Swissbit, Marian Weber, +49 172 854 88 26, marian.weber@swissbit.com

About Versasec

The Versasec award-winning software is used by companies of all sizes to fulfill their ever-evolving cybersecurity strategies. Versasec provides the necessary orchestration to automate and manage the multiple Identity and Access Management (IAM) system, providing organizations a secure hub for their IAM solution providers: certificate authorities, user directories, HSM’s, credentials, and more. Versasec credential management system, vSEC:CMS, is available on-prem, and as a managed service through vSEC:CLOUD with premium support. Versasec supports the most number of credentials in the market, covering the latest modern authenticators and technologies such as PIV/PKI, FIDO, virtual, and physical credentials, as well as RFID for secure access control. Trusted by organizations and corporations worldwide, Versasec serves the public and private sectors in government, defense, manufacturing, healthcare, financial services, and more. Versasec is headquartered in Stockholm, Sweden.

vSEC:CMS

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