Swissquote Donates CHF 2.5 Million to Swiss University to Promote Data Security Research

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Swissquote (SWX: SQN) has donated CHF 2.5 million to the Zurich Information Security & Privacy Centre (ZISC) at ETH Zurich, a public university in Switzerland, to support research and education in data security, the company announced today (Friday).Supporting Data Protection Research“The funding will strengthen research and education over the long term in the areas of information security, fraud prevention, and data protection,” Swissquote noted.ETH Zurich has built a strong reputation in information security research, covering areas from cryptography and network design to secure hardware and artificial intelligence. Its researchers have contributed to the development of new encryption protocols, formal verification methods, and large-scale projects such as SCION, an alternative internet architecture aimed at improving security and reliability.The university also works closely with industry through the Zurich Information Security & Privacy Centre, making it a key player in shaping both academic research and practical approaches to cybersecurity.Read more: Swiss Love to Trade Forex on Swissquote, but Not Other EuropeansSwissquote’s decision to donate also aims to strengthen research into tackling widespread financial fraud.“Cybercrime is evolving rapidly: new forms of AI-powered fraud are increasingly challenging financial institutions and other service providers,” the company added. “ZISC brings together researchers and industry partners to develop innovative technologies, methods and strategies to counter digital threats.”The digital bank and broker highlighted that its financial support will “advance the development of new security solutions and accelerate the transfer of knowledge between research and practice.”Swissquote’s Business Is BoomingFinanceMagnates.com earlier reported that Swissquote generated a net revenue of CHF 358.2 million ($444.2 million) in the first six months of 2025 and ended with a pre-tax profit of CHF 185.2 million ($229.6 million). Its net profit reached CHF 158.2 million ($196.2 million), up 9.4 per cent.The company has now raised its full-year pre-tax profit guidance to CHF 365 million ($452.6 million) from CHF 355 million ($440.2 million). It is also expecting to generate around CHF 700 million in revenue, up from CHF 675 million.This article was written by Arnab Shome at www.financemagnates.com.