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CompanyProfile

Creating trust in

digital innovation

timaco is a leading manufacturer of hard-
ware security modules (HSMs) for pay-
ments and general use cases and a range ISO/MLS contact:
U of on-premises and cloud IT security solu- Eric Tocatlian
tions. Established in 1964 as a data center for enter-
prises, the company expanded into IT security and Vice President, Americas
encryption in 1983 under the leadership of Horst
Goertz, and launched its first-generation HSM in 1991. sales@utimaco.com

Stefan Auerbach, chief executive officer at Utimaco, https://utimaco.com/
stated the company's mission is to create trust in the 844-884-6226
digital society. "We are driven to take a leading market
position by providing uncompromised cybersecurity
solutions that fulfill the highest standards," he said. providers to integrate post-quantum cryptography and
"With responsibility for global customers and citizens, we the first to bring a quantum-safe product to market,"
create innovative solutions to protect data, identities and Auerbach said. "Most recently, we introduced our next-
communication networks." generation HSM platform, u.trust Anchor, which reduces
complexity in HSM installations, solves the challenges of
Utimaco has grown organically and through strategic cloudifying HSMs and gives customers like Cloud Service
acquisitions in the United States and United Kingdom. Providers and Enterprises scalability and elasticity to add
The company's global team has more than 350 members both payment and general purpose HSM applications/
led by Auerbach, chief strategy officer Malte Pollmann services that usually require different hardware."
and chief financial officer Martin Stamm.

Unique skill sets Auerbach shared that the company leads a thriving
market with continuous growth potential fueled by the
Describing Utimaco as "the best of many worlds," IoT, dynamic IT environments and constant evolution in
Auerbach said the company combines the expertise cryptography and network technology (5G), all of which
and scale to drive enterprise-level innovation with the give rise to increasing threats and attacks. Utimaco
flexibility and agility to meet customer requirements. expects to continue growing by innovating its solution
Its German-made IT security solutions meet the highest portfolio to help customers and partners keep their
European data privacy standards, and U.S. and APAC businesses and customers secure and compliant.
subsidiaries comply with local regulations, he stated. Direct, indirect sales channels
"Our success is confirmation that customers value our
brand of technology expertise, innovation and customer- Utimaco’s approach combines direct and indirect sales
orientation and our commitment to being their Trusted with a partner program that offers a range of options for
Advisor in cyber security," Auerbach said, adding technology partners and VARs, Auerbach stated, adding
that the company's Information Security and Telecom that the company serves as a trusted advisor that aims to
Solutions business units reflect these capabilities. complement and support its partners in delivering best-
in-class security solutions to create trust in our digital
Utimaco's Information Security business unit provides society. "IT security solution providers like Utimaco
encryption-based, high-security solutions, including can help you develop and support business ideas in a
HSMs, key management and enterprise data protection. sustainable and forward-thinking way," Auerbach said.
The Telecom Solutions business unit develops and "Fostering trust is vital for fintechs and financial services
markets compliance solutions for telecommunication providers. Ensuring their IT infrastructures are secured
providers. in the best possible way plays a key role in maintaining
Global enterprise outlook that trust."
Strategic acquisitions have played a key role in the Auerbach believes fintechs are leading the way with
growth and expansion of Utimaco's technology. Recent cloud-based services. He encouraged traditional banks
acquisitions include the Atalla payment HSM portfolio in to explore cloud usage to increase flexibility and agility
2018, followed by Geobridge, a payments system integrator and meet customers' demands. Security-solutions-as-
for encryption methods and key management providers, a-service will ensure that fintechs and banks meet
and MYHSM, a provider of Payment HSM as a Service, regulatory requirements and the highest security levels,
in 2020. "Utimaco has been among the first IT security he stated.
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