The Living Markets

Swiss firm spies opportunity in espionage scandal

This week’s revelations that U.S. and German intelligence services spied on governments worldwide for decades through secret control of a Swiss cryptography company came as no surprise to Robert Rogenmoser, CEO of Zurich-based Securosys. His company, which makes encryption devices used by banks to settle CHF 100 billion in daily transactions, has been trying for years to distinguish itself from Crypto AG. Rogenmoser says his machines, which are also used to secure crypto assets, can’t be tampered with as they have no ”back door.”

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