Wave Systems Corp. (fka WAVXQ)

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Another article at computerworld. Steven Sprague again quoted.

http://www.computerworld.com.au/index.php/id;2097600156;fp;4;fpid;1968336438

Disk encryption easily cracked, researchers find
New findings reveal disk encryption technology used to secure the data in your Windows, Apple and Linux laptops can be easily circumvented
Network World staff (Network World) 26/02/2008 09:51:56

[Several paragraphs down in the article]
The Princeton findings prompted Steven Sprague, CEO of Wave Systems, which makes management software for hardware security devices, to point out that such attacks on laptops would be preventable via hardware-based encryption offerings.

"The advantage of hardware-based encryption is that all the encryption, key management and access control all happen inside the chip so there is no software risk to reverse engineer the encryption silicon," Sprague said. The encryption key never leaves the hardware-based encryption disk in this case, he said.


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