Swiss Post boosts its cybersecurity expertise
Swiss Post acquired a majority shareholding in Western Swiss company Hacknowledge SA on 5 July 2022. The purchase will strengthen Swiss Post’s expertise and capabilities in cybersecurity both for itself and its customers. Hacknowledge SA, based in Morges in the canton of Vaud, is a cybersecurity specialist and has 46 employees, who will continue to be employed by the company. This joint move will allow Swiss Post and Hacknowledge to work together to ensure the secure exchange of confidential information and customer data online. The parties have agreed not to disclose the purchase price or details of the acquisition.
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Hacknowledge will continue to operate independently
Our daily lives are becoming ever more digital, and the data we share online is increasingly sensitive, making it more attractive for criminals too. “Swiss Post wants to bring into the digital world the trust that people and companies in Switzerland place in us the analogue world, and strengthen it. Put simply, we want to transfer mail secrecy to the digital world,” explains Nicole Burth, Head of Communication Services at Swiss Post. Swiss Post is expanding its IT competencies and making substantial investments in the security and confidentiality of information and data. As part of this initiative, Swiss Post has acquired the majority of shares in Hacknowledge SA, based in Morges in Western Switzerland. The purchase will help Swiss Post secure the expertise it needs to continue to minimize any security risks that arise in its own digital services and at partners and customers. Hacknowledge provides support in identifying and responding to targeted cyberthreats aimed at public authorities, SMEs, partner companies and Swiss Post.
Hacknowledge will continue to operate independently
Hacknowledge, based in Western Switzerland, was founded in 2016 and has 46 employees. It enables companies to benefit from a professional security center, without incurring the significant expense involved in infrastructure or related costs. This enhances their ability to identify cyberattacks and quickly react to them.
Hacknowledge will continue to operate as an independent company after the takeover. Hacknowledge staff will remain employed by the company and have been informed about the new ownership structure. Both parties have agreed not to disclose the purchase price paid by Swiss Post for the majority shareholding.