SOURCE: Wave Systems Corp.

Wave Systems Corp.

January 22, 2014 08:29 ET

Wave CTO Greg Kazmierczak to Discuss Advanced Malware Detection at Next Week's Cybersecurity Innovation Forum

Wave Joins JWSecure and Microsoft in Discussing the Importance of Measuring Device Health

LEE, MA--(Marketwired - Jan 22, 2014) - Wave Systems Corp. (NASDAQ: WAVX) announced that Chief Technology Officer Greg Kazmierczak will discuss how organizations can leverage existing technology and infrastructure to measure and attest device health at the Cybersecurity Innovation Forum on Jan. 28. Kazmierczak joins JWSecure's Tom Jones and Microsoft's Atul Shah on the panel, which will be moderated by Stan Potter of the National Security Agency (NSA).

"The sophistication and the sheer quantity of threats, coupled with the enormous number of devices, make it difficult to track and prevent malware compromises," said Kazmierczak. "Software-based device health checks can be easily spoofed and provide false assurance of the health of a device. We'll cover how measurements of device health -- when safely protected by the Trusted Platform Module -- can help detect, identify and prevent malware attacks."

The majority of enterprise devices sold in recent years contain the security hardware needed to perform remote attestation, which can be harnessed to indicate the health status of a device.

The Cybersecurity Innovation Forum is a three-day event sponsored by the National Cybersecurity Center of Excellence with the Department of Homeland Security, the National Institute of Standards and Technology and the National Security Agency as the primary participating organizations.

The event brings content, expertise and momentum from the Trusted Computing and IT Security Automation conferences into a single event. Along with several general sessions and keynotes, the Forum comprises four main tracks -- Trusted Computing, Security Automation, Information Sharing, and Research.

Wave will be located at booth 417/418, with representatives on hand to showcase Wave's virtual smart card authentication capabilities, along with solutions for device health and identity. Wave is sponsoring an evening reception on Tuesday in the exhibit hall (Ballroom III and IV, 400 level.)

About Wave Systems
Wave Systems Corp. reduces the complexity, cost and uncertainty of data protection by starting inside the device. Unlike other vendors who try to secure information by adding layers of software for security, Wave leverages the security capabilities built directly into endpoint computing platforms themselves. Wave has been a foremost expert on this growing trend, leading the way with first-to-market solutions and helping shape standards through its work as a board member for the Trusted Computing Group.

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This press release may contain forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company's financing plans; (ii) trends affecting the company's financial condition or results of operations; (iii) the company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Wave assumes no duty to and does not undertake to update forward-looking statements.

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