Wave Systems Corp. (fka WAVXQ)

[Genz2]

Ransomware gang says it breached one of NASA's IT contractors

https://www.zdnet.com/article/ransomware-gang-says-it-breached-one-of-nasas-it-contractors/

DopplePaymer ransomware gang claims to have breached DMI, a major US IT and cybersecurity provider, and one of NASA IT contractors.
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DMI and Wave Partner to Secure the Mobile Enterprise

https://www.wavesys.com/buzz/pr/dmi-and-wave-partner-secure-mobile-enterprise

Orlando, FL -

September 11, 2013 -

(The Trusted Computing Conference, Section 207) Digital Management Inc. (DMI), a leading provider of mobile enterprise solutions and services, and Wave Systems Corp. (NASDAQ: WAVX), the leading Trusted Computing software company, announced a partnership to offer government and commercial enterprises a range of trusted computing solutions to better secure mobile environments. Under the terms of this partnership, DMI and Wave will develop, market, and deliver Trusted Computing-based security solutions for the mobile enterprise centered on Wave's groundbreaking Trusted Computing product suite.

NEWS FACTS:

DMI/Wave offerings include:

Ultra Secure Tablet: Enterprise-grade management and security for tablets. Trusted computing security enables strong second-factor authentication for network access, always-on encryption, and eliminates the need for extra passwords and is currently offered for Windows 7 and Window 8 devices.

Virtual Smartcard: More secure device, app, WiFi, and wired network access control, without the need for an extra piece of hardware. Utilizes the on-board Trusted Platform Module (TPM) for hardware-based security and available for Windows 7 and Windows 8 devices.

Enterprise Device Identity and Integrity: Prevents malicious intruders from accessing networks by knowing what devices are on it and how healthy they are. Eliminates device spoofing and the use of stolen credentials. Prevents compromised devices from accessing the network and meets emerging NIST guidelines for BIOS integrity.

DMI/Wave solutions are offered as installed solutions or managed services, supported 24x7 through DMI's Managed Mobile Service Centers.

DMI, a leader in trusted computing and mobile enterprise solutions, sets international standards within the Trusted Computing Group (TCG), develops advanced security architectures for some of the largest IT manufacturers in the world, and applies security strategies, R&D and develops enterprise solutions for customers like the U.S. Air Force and the U.S. Army.

Wave is the leading Trusted Computing software company, with over 10 years experience spearheading the industry's shift to hardware-based security across the IT landscape. Like DMI, Wave helps set the international standards in the TCG. Wave consistently applies those standards in first-to-market products for enterprises seeking better security.

SUPPORTING QUOTES:

Jay Sunny Bajaj, DMI founder and CEO said: "Enterprises are keenly aware of the increasingly sophisticated cyber threats and the catastrophic results of a major compromise. Trusted Computing offers greater protection for networks and endpoints over other solutions on the market because the security is built into the devices themselves. We're proud to be joining forces with Wave, one of the true pioneers in Trusted Computing. Together we can offer a full range of highly secure solutions for the mobile enterprise, all based on off-the-shelf hardware."

Steven Sprague, Wave CEO said: "DMI has a well-earned reputation for successfully delivering large-scale, mission-critical projects throughout the federal government and large commercial enterprises. As one of the pre-eminent mobile solutions providers -- and the only one with deep trusted computing expertise -- formalizing a partnership with DMI was a natural step for both sides. Our partnership will prove especially helpful for large-scale deployment opportunities where customers are interested in advanced mobile security capabilities enabled by Trusted Computing standards."
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When Wave went into Chapter 11, DMI probably like other partners may have cut ties with Wave. Given how much Wave/ESW could help with cybersecurity and preventing ransomware, rekindling the partnership with Wave/ESW sounds like a major WIN/WIN!!!
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https://www.wavesys.com/