Diversinet Appoints Stuart Vaeth as Chief Security Officer

Wednesday 21 April 2004 16:38 CET | News

Diversinet has appointed security industry veteran Stu Vaeth to the newly created position of chief security officer (CSO). As CSO, Mr. Vaeth will develop and implement strategies to facilitate Diversinets continued growth and expansion, including spearheading the research and development of new wireless security technologies, evaluating new markets and exploring partnership and acquisition opportunities. Most recently the product director of security management systems for nCipher, Mr. Vaeth has 20 years of technical and management experience in secure systems engineering, product management, business development, and strategic partnerships at some of the most innovative companies in this sector. Mr. Vaeth has broad technical expertise in public key infrastructure, network security, cryptography, smart cards, secure Web services and secure payments, and has received a patent in digital certificate management. Prior to joining Diversinet, Mr. Vaeth held successive positions as director of product marketing and director of strategic alliances at nCipher, a leading provider of cryptographic IT security solutions. Before that, Mr. Vaeth was principal scientist for electronic commerce at Spyrus, a leading provider of high-assurance security products. Mr. Vaeth spent the first 12 years of his career with GTE Corporation, where he advanced through various engineering management positions to become co-founder and chief architect of GTEs CyberTrust Certificate Authority system. Mr. Vaeth received a bachelor of science degree in electrical engineering from Bucknell University, and earned his M.B.A. with honors at the Boston University School of Management.

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Categories: Payments & Commerce | Payments General
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