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AWK Group makes leaner audit engagements

Digitalized key ceremonies from Securosys SA

Zurich, August 17, 2022 – The Swiss management and technology consulting company AWK Group is to use hardware-generated evidence from Securosys SA which will enable key ceremonies to be conducted without the physical presence of auditors. This innovative approach facilitates leaner audit processes and offers clients efficiency benefits.


Securosys and AWK Group AG have announced today that they will collaborate in the area of key generation for PKI systems and blockchain infrastructures, also known as key ceremonies. Up to now this process – that is, hardware security module (HSM) auditing – has had to be monitored and certified on site by auditors at the relevant company’s data centers. AWK Group AG will now enable a leaner process and thereby secure efficiency gains for the client: during its audit of these processes, AWK Group will use HSM files signed by Securosys as attestations of the processes and will thus be able to complete the key ceremony without auditors having to be physically present. This makes the audit process for ISAE 3000 leaner and saves time and resources.


The radical simplification has been made possible by Securosys key and device attestation features. With key attestation, cryptographic verification of the key and its attributes is provided using a chain of trust originating from the root certificate. This makes it possible to automate the key ceremony audit process and to issue trusted digital identity keys on a virtually limitless scale. The device attestation feature also enables HSM-attested information to be read out, such as hardware and software versions, cluster size, the number of security officers, and the underlying configurations. Documents signed by the HSM with a verifiable chain of certificates can be used to track processes automatically and technically with no human intervention whatsoever.


About Securosys

Securosys SA is headquartered in Zurich, Switzerland, and is a market leader in the areas of cyber security, encryption, cloud security, and digital identity security. The company, founded in 2014, provides security in the Swiss financial markets on behalf of the Swiss National Bank and protects transactions to the value of more than EUR 100 billion on a daily basis. The company supplies more than half of the tier 1 banks worldwide with hardware security modules developed and built in Switzerland.

For further information, please contact Securosys SA directly by email at info[at]securosys.com, by telephone on +41 44 552 31 00 or at its offices in Zurich, Munich, Hong Kong, or California.

www.securosys.com


About AWK Group

AWK Group, which has locations in Zurich, Bern, Basel, and Lausanne, is part of an independent, international management and technology consulting group. Together with Ginkgo Management Consulting and Quint Group, we support clients in Switzerland, Germany, Luxembourg, Spain, the Netherlands, China, Singapore, and USA with a workforce of just under 1,000 employees. Our services range from digital business model development, data analytics, cyber security and IT advisory to the management of complex transformation projects. http://www.awk.ch/



Contact

For media professionals:

Securosys SA

Moana Münch

Förrlibuckstrasse 70, CH-8005 Zurich

Tel.: +41 44 552 31 00

E-mail: moana.muench[at]securosys.ch


AWK Group AG

Yves Kaufmann Lobato

Leutschenbachstrasse 45, CH-8050 Zurich

Tel.: +41 58 123 94 62

E-mail: Yves.Kaufmann[at]awk.ch


For technical specialists:

AWK Group AG

Maria Sommerhalder

Leutschenbachstrasse 45, CH-8050 Zurich

Tel.: +41 58 123 94 25

E-mail: maria.sommerhalder[at]awk.ch


AWK Group makes leaner audit engagements
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AWK Group makes leaner audit engagements possible with digitalized key ceremonies from Securosys SA


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