Security News > 2020 > October > Swiss-Swedish Diplomatic Row Over Crypto AG

Previously I have written about the Swedish-owned Swiss-based cryptographic hardware company: Crypto AG. It was a CIA-owned Cold War operation for decades.
Today it is called Crypto International, still based in Switzerland but owned by a Swedish company.
Late last week, Swedish Foreign Minister Ann Linde said she had canceled a meeting with her Swiss counterpart Ignazio Cassis slated for this month after Switzerland placed an export ban on Crypto International, a Swiss-based and Swedish-owned cybersecurity company.
The ban was imposed while Swiss authorities examine long-running and explosive claims that a previous incarnation of Crypto International, Crypto AG, was little more than a front for U.S. intelligence-gathering during the Cold War.
Linde said the Swiss ban was stopping "Goods" - which experts suggest could include cybersecurity upgrades or other IT support needed by Swedish state agencies - from reaching Sweden.
News URL
https://www.schneier.com/blog/archives/2020/10/swiss-swedish-diplomatic-row-over-crypto-ag.html