Recent revelations report how NSA and GCHQ have illegally obtained billions of encryption keys for cellular networks. In particular keys have been stolen from Gemalto through implants and by intercepting emails. The market cap of Gemalto have suffered a serious drop.

Gemalto denies that cryptographic keys could have been stolen. If so, this was many years ago and does not compromise the security of today’s smart cards.

In fact Gemalto is a worldwide leader in security, one of the extremely few companies worldwide, in the strict top 1%,  who are able to build state of the art secure systems, able defend businesses… even against NSA and GCHQ. This is of course not always easy and not always possible, but if there are companies able to achieve this Gemalto is one of these companies. In contrast most companies do not take security seriously ever and rarely employ proper security specialists.