“Every department in every organization – from governments and banks to small businesses – faces the same challenge: to secure their sensitive data.”
Cryptomathic has appointed Laurent Lafargue as Chief Executive Officer as the cryptographic security solutions pioneer continues its high-growth trajectory across Europe and the United States.
The firm was founded in 1986 and specializes in four sectors: e-signatures, cryptographic key management, EMV payments and mobile security.
One of the first companies to commercialise cryptographic algorithms, Cryptomathic has built a strong portfolio of cybersecurity solutions over the past 35 years, having onboarded global household names in banking and technology.
Cryptomathic holds over 30 patents and has been named one of the world’s 40 most innovative companies by the World Economic Forum.
“Demand for cryptographic security solutions is exploding”
Bringing more than 20 years of managerial and executive experience to the chief executive role at Cryptomathic, Laurent Lafargue joins the firm after years at leading firms in semiconductors, smart cards, RFID, and electronics, including Infineon and Linxens.
Laurent Lafargue, Chief Executive Officer at Cryptomathic, commented: “As the world races to go digital, the demand for cryptographic security solutions is exploding. Every department in every organization – from governments and banks to small businesses – faces the same challenge: to secure their sensitive data. Cryptography has emerged as the de-facto security model to meet this challenge wherever it presents itself, from protecting data in the cloud and on mobile devices, to safeguarding transactions and enabling the secure e-signing of legally binding documents.
“Cryptomathic has operated at the bleeding edge of this field for over 35 years. Its solutions are trusted by governments, cloud service providers, and industry leaders in a host of sectors around the world, from financial services to automotive and aviation. It is a great privilege to lead the Cryptomathic team. I’m hugely excited to play my part in driving the company’s growth as it continues to shape the future of this industry.”