CREAPLUS will use Versasec technologies, solutions and services to enable organisations in Central and South-Eastern Europe to securely manage identities and access to digital assets and services for employees, customers and other business partners.

One of the world's leading manufacturers of identity and access management technologies, Versasec of Sweden, has entered into a partnership with CREAPLUS to distribute and develop security solutions for digital business. CREAPLUS will provide access to Versasec's technologies for secure authentication, issuance and management of user identities or credentials, as well as its value-added solutions to companies and public institutions in the markets of the DACH region (Germany, Austria and Switzerland) and the Balkans.

According to Versasec, European IT consulting and services revenues are forecast to reach USD 20.76 billion in 2023 and continue to grow at a compound annual growth rate of 4.42% this year, according to Statistica. Companies with expertise in various levels of information security, such as CREAPLUS, will be highly sought after.

"We are excited to enter into this strategic partnership with CREAPLUS, a major player in the cyber security market. Their commitment to improving the competencies of organisations and showcasing leading cyber security products fits seamlessly with our mission," said Joakim Thorén, CEO and founder of Versasec, pointing out, "Together, we are committed to delivering cutting-edge cryptographic solutions and expanding our customer-focused services in Europe. We look forward to a successful partnership that will enhance our collective ability to address evolving cyber threats."

CREAPLUS brings to the partnership extensive expertise in working with European customers on Public Key Infrastructure (PKI) and Hardware Security Module (HSM) solutions. The company, headquartered in Vienna and with a development team in Slovenia, offers a comprehensive range of IT security solutions and services, including secure software development, identification technologies, cyber security solutions, data and digital transaction encryption and post-quantum cryptography solutions. It also offers cyber security intelligence, penetration testing and incident response services.

"We are proud that Versasec has recognised our achievements to date and selected us as a strategic partner in markets from Switzerland to Romania. With this partnership, we are following our mission, which is committed to providing comprehensive information security solutions and services," said Mitja Trampuž, CEO of CREAPLUS. "Versasec's state-of-the-art solutions will enable our customers to securely authenticate, issue and manage user identities for digital commerce in a wide range of industries, from the financial sector to manufacturing and public administration."

Versasec's affordable and easy-to-integrate solutions enable organisations of all sizes and activities to implement a high level of information security. The company provides a complete set of harmonised solutions and services to automate and manage multiple identity and access management (IAM) systems, providing organisations with a secure hub for their IAM solution providers: certification authorities for issuing digital certificates, user directories, hardware security modules for creating, storing and using digital certificates, credential management systems and more. Versasec's vSEC:CMS Credential Management System, the core of Versasec's digital identity management solution, can run on-premises or as a managed service in Versasec's vSEC:CLOUD private cloud.