This week’s revelations that U.S. and German intelligence services spied on governments worldwide for decades through secret control of a Swiss cryptography company came as no surprise to Robert Rogenmoser, CEO of Zurich-based Securosys. His company, which makes encryption devices used by banks to settle CHF 100 billion in daily transactions, has been trying for years to distinguish itself from Crypto AG. “A crisis is also an opportunity,” Rogenmoser says, explaining why he agreed to speak with CNNMoney’s Olivia Chang at such a sensitive time for the industry.
This week’s revelations that U.S. and German intelligence services spied on governments worldwide for decades through secret control of a Swiss cryptography company came as no surprise to Robert Rogenmoser, CEO of Zurich-based Securosys. His company, which makes encryption devices used by banks to settle CHF 100 billion in daily transactions, has been trying for years to distinguish itself from Crypto AG. “A crisis is also an opportunity,” Rogenmoser says, explaining why he agreed to speak with CNNMoney’s Olivia Chang at such a sensitive time for the industry.