Greater Geneva Bern Area Announces Launch of Cybersecurity Initiative
GENEVA and LAUSANNE, Switzerland, Nov. 17, 2020 /PRNewswire/ -- The regions of Geneva and Lausanne in Western Switzerland have come together to launch Trust Valley, a public-private initiative supporting the development of cutting-edge technology and pioneering international governance in digital trust and cybersecurity. It is the first-ever regional initiative of its kind in the world.
In an area less than the size of Long Island, NY, more than 300 cybersecurity companies and organizations are tackling the major challenge of digital security. This includes addressing the rapid increase in cyberattacks. Recent reports show that cybersecurity breaches happen in the US every 39 seconds. Since Covid-19, the FBI has reported a 300% increase in cybercrimes, leveraging the opportunity to attack vulnerable networks as office work moved to personal homes.
Switzerland's long history of neutrality, legal certainty and political stability combined with its renowned data protection regulations have positioned the country as a leader in the trust economy. Western Switzerland's cybersecurity technology builds off cloud computing expertise dating back to the development of the World Wide Web at CERN, the European Organization for Nuclear Research based in Geneva.
Trust Valley constitutes the largest concentration of cybersecurity talent in Switzerland, including 500 experts from institutions such as:
Trust Valley also includes Tech4Trust, a unique Swiss acceleration program for start-ups that develop innovative and critical solutions for the digital transformation of industry and society. The program is now open to international companies.
For more information, contact Mark White, Director USA, Greater Geneva Bern area • Invest Western Switzerland (email@example.com or 1-949-395-0642), or visit investinswitzerland.com/cybersecurity.
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SOURCE Greater Geneva Bern area
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