Welcome!

News Feed Item

Tyfone Expands Global Leadership, Appoints Former UBS Managing Director Nizar Jamal as Chief Technology Officer

Tyfone (www.tyfone.com), a cyber and mobile secure ID and secure transaction solutions provider, today announces the appointment of Nizar Jamal as the company’s chief technology officer. Previously, Mr. Jamal was the managing director of client-facing technologies at UBS in Switzerland, where he was responsible for implementing secure mobile and social platforms across UBS. Prior to UBS, he co-founded Impelsys, a digital publishing solutions provider, where he led the implementation of their cloud-based software as a service strategy and transformed the organization from its former direct service approach. Before co-founding Impelsys, Mr. Jamal spent several years in the San Francisco Bay Area with enterprise software, network infrastructure and security industry startups.

Last year, Tyfone announced The Connected Smart Card™ (CSC™), a breakthrough security solution to address imminent cyber security concerns, and entered into a strategic investment and technology development agreement with In-Q-Tel to bring mobile security for U.S. Government. Tyfone’s CSC is also being piloted by CoVantage Credit Union to enable secure cyber transactions for their business banking customers. Tyfone has its current customer base in the U.S., Mideast, Indonesia and China and is growing rapidly in the cybersecurity space globally.

The economic impact of cybercrime increased to more than $1 trillion in 2013, according to the Center of Strategic and International Studies. This cost increase is in spite of organizations spending over $46 billion on cybersecurity last year, according to HP. With this trend, the need for Tyfone’s innovative CSC security solution is global and urgent. Mr. Jamal’s experience will add a new dimension to the management team and enable the company’s growth and scaling in the global markets.

“I am pleased to join a team that has mobility, security and convenience at their core and solutions that fit the current market needs. The company’s IP, technology, implementations and team impressed me and I believe I can add value to the company’s global plans and growth during this critical juncture in its evolution,” said Nizar Jamal, chief technology officer of Tyfone. “I look forward to working with the team and addressing the steps necessary to meet this demand.”

“The ugly fact of cybercrime is that current software-only solutions that attempt to manage security centrally in the cloud are ineffective at deterring cybercriminals. Tyfone’s CSC smart card-based hardware decentralizes and stores IDs and other credentials locally, not centrally in the cloud. Nizar’s extensive background in building teams, technologies and processes, combined with his experience in security, mobility, cloud computing and banking, will be of immense value as we grow our business globally,” said Dr. Siva Narendra, co-founder and chief executive officer of Tyfone. “We are excited to have him on board.”

About Tyfone

Tyfone is a pioneer in cyber and mobile security and transaction services for financial, government, B2B, healthcare, and other enterprises. It has more than 400 issued invention claims and has more than 90 issued and pending patents that enable ID and transaction security on any device. Tyfone’s apps, transaction software and The Connected Smart Card™ (CSC™) security hardware enable ID and transaction security on any OS or device. The Company’s platform solution has processed over 30 million transactions and has helped transact over $500 million. Tyfone customers include two of the top 10 member-owned financial institutions (Credit Unions) in the U.S., and the Company signed a strategic agreement with In-Q-Tel in 2012 to bring its mobile security solutions to the U.S. Government. Tyfone’s corporate headquarters is located in Portland, Oregon.

Tyfone, The Connected Smart Card, CSC, SideSafe, SideTap, SideKey, SideBand and u4ia are trademarks of Tyfone, Inc. All other names are the property of their respective owners.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Fifty billion connected devices and still no winning protocols standards. HTTP, WebSockets, MQTT, and CoAP seem to be leading in the IoT protocol race at the moment but many more protocols are getting introduced on a regular basis. Each protocol has its pros and cons depending on the nature of the communications. Does there really need to be only one protocol to rule them all? Of course not. In his session at @ThingsExpo, Chris Matthieu, co-founder and CTO of Octoblu, walk you through how Oct...
There is growing need for data-driven applications and the need for digital platforms to build these apps. In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications. In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.
Businesses are struggling to manage the information flow and interactions between all of these new devices and things jumping on their network, and the apps and IT systems they control. The data businesses gather is only helpful if they can do something with it. In his session at @ThingsExpo, Chris Witeck, Principal Technology Strategist at Citrix, will discuss how different the impact of IoT will be for large businesses, expanding how IoT will allow large organizations to make their legacy ap...
Adobe is changing the world though digital experiences. Adobe helps customers develop and deliver high-impact experiences that differentiate brands, build loyalty, and drive revenue across every screen, including smartphones, computers, tablets and TVs. Adobe content solutions are used daily by millions of companies worldwide-from publishers and broadcasters, to enterprises, marketing agencies and household-name brands. Building on its established design leadership, Adobe enables customers not o...
SYS-CON Events announced today that Tintri Inc., a leading producer of VM-aware storage (VAS) for virtualization and cloud environments, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Tintri VM-aware storage is the simplest for virtualized applications and cloud. Organizations including GE, Toyota, United Healthcare, NASA and 6 of the Fortune 15 have said “No to LUNs.” With Tintri they mana...
Just over a week ago I received a long and loud sustained applause for a presentation I delivered at this year’s Cloud Expo in Santa Clara. I was extremely pleased with the turnout and had some very good conversations with many of the attendees. Over the next few days I had many more meaningful conversations and was not only happy with the results but also learned a few new things. Here is everything I learned in those three days distilled into three short points.
SYS-CON Events announced today that Numerex Corp, a leading provider of managed enterprise solutions enabling the Internet of Things (IoT), will exhibit at the 19th International Cloud Expo | @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Numerex Corp. (NASDAQ:NMRX) is a leading provider of managed enterprise solutions enabling the Internet of Things (IoT). The Company's solutions produce new revenue streams or create operating...
24Notion is full-service global creative digital marketing, technology and lifestyle agency that combines strategic ideas with customized tactical execution. With a broad understand of the art of traditional marketing, new media, communications and social influence, 24Notion uniquely understands how to connect your brand strategy with the right consumer. 24Notion ranked #12 on Corporate Social Responsibility - Book of List.
Major trends and emerging technologies – from virtual reality and IoT, to Big Data and algorithms – are helping organizations innovate in the digital era. However, to create real business value, IT must think beyond the ‘what’ of digital transformation to the ‘how’ to harness emerging trends, innovation and disruption. Architecture is the key that underpins and ties all these efforts together. In the digital age, it’s important to invest in architecture, extend the enterprise footprint to the cl...
Why do your mobile transformations need to happen today? Mobile is the strategy that enterprise transformation centers on to drive customer engagement. In his general session at @ThingsExpo, Roger Woods, Director, Mobile Product & Strategy – Adobe Marketing Cloud, covered key IoT and mobile trends that are forcing mobile transformation, key components of a solid mobile strategy and explored how brands are effectively driving mobile change throughout the enterprise.
As ridesharing competitors and enhanced services increase, notable changes are occurring in the transportation model. Despite the cost-effective means and flexibility of ridesharing, both drivers and users will need to be aware of the connected environment and how it will impact the ridesharing experience. In his session at @ThingsExpo, Timothy Evavold, Executive Director Automotive at Covisint, will discuss key challenges and solutions to powering a ride sharing and/or multimodal model in the a...
In his general session at 18th Cloud Expo, Lee Atchison, Principal Cloud Architect and Advocate at New Relic, discussed cloud as a ‘better data center’ and how it adds new capacity (faster) and improves application availability (redundancy). The cloud is a ‘Dynamic Tool for Dynamic Apps’ and resource allocation is an integral part of your application architecture, so use only the resources you need and allocate /de-allocate resources on the fly.
DevOps and microservices are permeating software engineering teams broadly, whether these teams are in pure software shops but happen to run a business, such Uber and Airbnb, or in companies that rely heavily on software to run more traditional business, such as financial firms or high-end manufacturers. Microservices and DevOps have created software development and therefore business speed and agility benefits, but they have also created problems; specifically, they have created software sec...
In this strange new world where more and more power is drawn from business technology, companies are effectively straddling two paths on the road to innovation and transformation into digital enterprises. The first path is the heritage trail – with “legacy” technology forming the background. Here, extant technologies are transformed by core IT teams to provide more API-driven approaches. Legacy systems can restrict companies that are transitioning into digital enterprises. To truly become a lea...