Covr Security and Shush Inc. to work together to create advanced digital security solutions to better serve their customers.

Malmo, Skane Jul 11, 2024 (Issuewire.com)  – Covr Security and Shush Inc. Announce Strategic Partnership to Enhance Digital Security Solutions

Covr Security AB, a pioneering Swedish cybersecurity firm, is thrilled to announce a strategic partnership with Shush Inc., a leading provider of innovative Network Authentication solutions. Through this collaboration, Covr Security and Shush Inc. will work together to create advanced digital security solutions to better serve their customers.

Covr Security, established in 2015, is renowned for revolutionizing mobile and digital security. Specializing in providing an innovative mobile security management platform, Covr Security primarily caters to sectors necessitating robust customer authentication and privacy, such as online banking, digital payments, and mobile banking. Their platform stands out for its advanced multi-factor authentication methods, offering unparalleled protection against cyber threats.

“We are delighted to collaborate with Shush Inc. to develop advanced digital security solutions,” said George Fraser, Chief Revenue Officer of Covr Security. “This partnership represents a significant step forward in our mission to make the internet a safer place for everyone. Together with Shush Inc., we are committed to delivering cutting-edge cybersecurity solutions that provide unmatched protection and peace of mind to our customers.”

This strategic partnership between Shush Inc. and Covr Security reflects their shared commitment to advancing digital security and providing exceptional solutions to their clients. By combining their respective strengths and resources, the two companies are poised to deliver innovative cybersecurity solutions that address the evolving needs of today’s digital landscape.

“We are incredibly excited to partner with Covr Security to enhance digital security solutions for our customers,” said Eddie DeCurtis, Co-Founder & CEO of Shush Inc. “Covr Security’s expertise and innovative approach to cybersecurity aligns perfectly with our commitment to providing cutting-edge Network Authentication solutions. Together, we aim to empower our clients across various industries with secure, seamless digital transactions, fundamentally transforming the way businesses and consumers experience online security. This partnership is not just a collaboration; it’s a leap forward in making the internet a safer and more trustworthy place for everyone.”

About Shush Inc.:

Shush Inc. is a leading provider of Network Authentication solutions, dedicated to redefining convenience and reliability in the industry. With a focus on innovative authentication processes, Shush Inc. empowers Mobile Network Operators with robust security solutions tailored to meet their unique needs. For more information, visit www.shush.pw

About Covr Security:

Covr Security is a pioneering Swedish cybersecurity firm, renowned for revolutionizing mobile and digital security. Established in 2015, we specialize in providing an innovative mobile security management platform, primarily catering to sectors necessitating robust customer authentication and privacy, such as online banking, digital payments, and mobile banking. Our platform is distinctive for its advanced multi-factor authentication methods, offering unparalleled protection against cyber threats. This user-centric solution empowers our clients across various industries with secure, seamless digital transactions, reflecting our commitment to making the internet a safer, more trustworthy place. For more information, visit www.covrsecurity.com

Covr Security is thrilled to announce a landmark achievement in the banking sector with a multi-million dollar deal with a prominent Asian bank. This major win involves transitioning the bank from traditional physical hardware tokens to a state-of-the-art, all-digital multi-factor authentication (MFA) system. This shift represents a significant leap forward in digital security, offering a more streamlined, efficient, and user-friendly experience. Covr Security’s role in this project highlights its expertise and commitment to delivering advanced, secure, and innovative digital solutions for the financial industry. The successful implementation of this project not only demonstrates Covr Security’s technical prowess but also cements its position as a leader in digital security transformation.

Oue expectation is that this deal will rapidly expand to include further divisions of the bank. Watch this space for further updates

We are excited to announce a remarkable achievement in the digitisation of access to physical premises using Digital Identity. As part of a a collaboration between Oribi Group (https://www.oribi.nl/en) and Covr Security (https://lnkd.in/dkynfKyK), our recent demonstration at a major European port marks a significant milestone in this joint effort.

The project centred around the development and deployment of the ShowID system, an innovative digital process designed to revolutionize the way port authorities (or any other business for that matter) manages physical visitor access. This system was meticulously crafted and demonstrated at a European port (details to follow…), showcasing its unique capabilities.

Our approach was to simplify the visitor registration process. With ShowID, visitors can register their credentials digitally in advance, leading to a seamless and more secure entry on subsequent visits. The system integrates ID verification, ticket claiming, and secure access control, all streamlined through a user-friendly app and customer portal.

What sets ShowID apart is not just the reduction in waiting times at the gates or the lowered administrative burdens; it’s about how we’ve developed a re-usable digital ID that is only stored in the users device (and shared only when given permission by the users), but also the detection of unauthorized access attempts, as our ID can only be created using a passport or national ID that contains a chip (which we validate against). The result is a system that not only bolsters security but also optimizes the operational workflow.

This project is a testament to the power of collaboration in achieving innovative solutions. As part of the EU’s Horizon research and development programme, we are indebted to SecureIT (www.secureit-project.eu) for their support and funding, which was instrumental in bringing this vision to life.

As we prepare to share more details about this ground-breaking project, we invite you to reach out to us directly if you’re interested in learning more or exploring how ShowID can benefit your operations. Stay tuned for more updates and a deeper dive into this transformative security solution.
hashtag#COVR hashtag#ORIBI hashtag#SecureIT hashtag#digitalidentity

PRESSMEDDELANDEN Published 27 november 2020

Synch har agerat legal rådgivare till CovR Security AB i samband med bolagets nyligen genomförda finansiering om ca 20 miljoner kronor.
Patrik Malmberg, co-founder och CEO. ”Vi har sedan länge anlitat Synch för legal rådgivning avseende kapitalanskaffningar, kommersiella avtal, regulatoriska – och immaterialrättsliga frågor. Synchs kompetens och erfarenhet kombinerat med deras förståelse för de utmaningar som tillväxtbolag som är inne i en internationell expansion, ställs inför, har varit ovärderlig.”

Covr Security tillhandahåller en mobil multifaktor autentisering som en tjänst (likt ett globalt bank-id) till ett brett spektrum av branscher som är beroende av stark kundautentisering, till exempelvis banker, betalningsnätverk, kreditkortsföretag, eID-leverantörer, IoT-företag och mobiloperatörer. Bolagets användarvänliga lösning bygger på en modern arkitektur med ursprung i nordisk banksäkerhet.

Synchs team i kapitalanskaffningen bestod av Andreas Börjesson och Emma Lundberg. Synchs team för övriga områden består av Erik MyrbergVeronica UddstenAnders HellströmMathilda Nordmark och Johan Tydén.

Synch är en internationell advokatbyrå med fokus på digitala affärer och teknologi. Synch erbjuder en flexibel leveransmodell där Digital services kompletterar firmans tjänster inom Advisory services, Projects & Transaction Services och Managed services, SynchWherever. Synchs Projects & Transactions grupp är specialiserade inom privat och publik M&A, venture capital investeringar och finansiering, särskilt i förhållande till teknologi-företag.

The CYBERTECH100 is an annual list of 100 of the world’s most innovative CyberTech companies, of which Covr Security is recognized in 2020.

The list announces the world’s most innovative tech companies which provide cyber defence to financial institutions to combat cyber attacks and protect their data.

Read more: https://fintech.global/cybertech100/