Wave Systems Corp. (fka WAVXQ)

[Genz2]

Cyberattacks Possibly Involved in Explosions at Iranian Nuclear, Military Facilities

https://www.securityweek.com/cyberattacks-possibly-involved-explosions-iranian-nuclear-military-facilities

Recent fires and explosions at important Iranian facilities may have been caused deliberately as part of an operation that involved cyberattacks, according to reports.

There have been several incidents at major Iranian industrial facilities in recent weeks, including a fire at the Natanz nuclear enrichment site and an explosion at the Parchin military complex near Tehran, which is believed to be involved in the production of missiles.

Iranian officials blamed the Parchin explosion on a gas leak and in the case of Natanz they downplayed the incident claiming that it only impacted a warehouse that was under construction.

However, some believe the damage was more extensive than Tehran admitted and in the case of Natanz there also appears to have been an explosion. Experts told the Associated Press that the Natanz incident apparently impacted a production facility.

Natanz, one of Iran’s primary nuclear facilities, was targeted a decade ago with the Stuxnet malware as part of a campaign supposedly conducted by the United States and Israel.

According to some reports, a cyberattack allegedly launched by Israel may have been involved in the latest incident as well.

Kuwaiti newspaper Al-Jarida claimed to have learned from sources that the Natanz fire was the result of a cyberattack aimed at gas compression systems and a blast allegedly caused a crack in a reactor building. The same newspaper reported that the Parchin incident was also caused by a cyberattack.

Iran’s Mizan news agency cited an Iranian military leader saying that the country would “respond” if a cyberattack was involved.

An apparent Iranian dissident group calling itself “Cheetahs of the Homeland” has taken credit for the attack on the facility at Natanz, but it did not provide additional details.

Israel revealed in April that industrial control systems (ICS) at some of its water facilities had been targeted by a sophisticated threat actor which, according to SecurityWeek’s sources, knew exactly how to attack ICS.

Iran was the main suspect in that attack, whose goal may have been to disrupt or poison Israel’s water supply. However, Israel said it had thwarted the attack before any damage was caused.
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Wave Systems Announces First U.S. Federal Government Customer for Wave Virtual Smart Card 2.0

https://www.wavesys.com/buzz/pr/wave-systems-announces-first-us-federal-government-customer-wave-virtual-smart-card-2.0

Lee, MA -

October 2, 2014 -

Wave Systems Corp. (NASDAQ: WAVX) marked an important sales milestone by announcing the first U.S. federal government customer for its Virtual Smart Card 2.0.

Since the Virtual Smart Card 2.0 became commercially available in late July 2014, Wave has entered into dozens of pilot deployments in multiple sectors, including healthcare, financial services, automotive, energy and utilities. However, today’s announcement marks the product’s first sale in the government sector.

“This is an important milestone for Wave,” said Bill Solms, CEO of Wave. “Wave Virtual Smart Card 2.0 has been purchased by a government agency with significant security requirements and one that requires redundant means of system authentication due to national security interests. This initial sale is modest compared to the addressable market within the Federal Government sector, but it is important to our strategy for marketing the Virtual Smart Card to address critical government infrastructure defense.”

“We believe that this sale, which was completed on a shorter sales cycle than we had anticipated, supports our view that customers are interested in the type of cyber security solution that Wave’s Virtual Smart Card 2.0 provides,” Solms added.

Wave Virtual Smart Card 2.0 is the industry’s only enterprise-grade virtual smart card management solution that works on Windows 7. It also supports Windows 8 and 8.1. Wave’s new solution emulates the functionality of physical smart cards or tokens, but offers greater convenience to users, lower total cost of ownership, and a reduced risk of unauthorized use.

Wave Virtual Smart Card 2.0 gives IT the ability to:

Remotely create and delete virtual smart cards
• Provide help desk-assisted recovery
• Configure PIN and card policies
• View the status of virtual smart cards and enrolled certificates
• Generate reports for compliance
• Support virtual smart cards on laptops, tablets and desktops with TPM 1.2 or TPM 2.0
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In addition to the link above, please see the links below for further information that could protect the U.S. if the events in the article above escalate!! Critical industries could really use Wave solutions!!!
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https://www.wavesys.com/

https://www.wavesys.com/contact-information