VASCO Launches DIGIPASS 870 Card Reader
OAKBROOK TERRACE, Ill., and ZURICH, Switzerland, March 5, 2013 - VASCO Data Security International, Inc. (Nasdaq: VDSI) (www.vasco.com ), a leading software security company specializing in authentication products, launches DIGIPASS 870 at CeBit 2013 in Hannover, Germany. DIGIPASS 870 is a USB connectable card reader which can be used in both connected and unconnected mode.
In connected mode DIGIPASS 870 can be used for a number of PKI-based, e-banking or e-wallet applications making use of the ‘what you see is what you sign’ functionality. Important transaction data such as amount, account and reference number will be displayed on the device and must be confirmed by the user by entering a PIN code and approving the transaction. This WYSIWYS functionality enables users to actually see which transaction they are signing. The e-signature functionality provides excellent protection against so called man-in-the-middle, man-in-the browser attacks and similar fraud schemes. The device is directly linked to the bank system via a secure connection. Its large screen with a full graphical display allows extended data field validation on the display of the device.
Furthermore, PIN codes are directly entered on the reader and not on the computer keyboard. Therefore, the PIN is never exposed over the internet or PC platform. Similarly, smart card PIN changes can be securely performed using the DIGIPASS 870 keyboard. Additionally, a firewall mechanism protects the card from unauthorized access.
When used in unconnected mode, the card reader offers the same functionality as other unconnected DIGIPASS devices, including strong authentication and e-signatures.
DIGIPASS 870 can be used with all standard operating systems, such as Windows, Linux and MacOS. The card reader doesn't require the installation of separate drivers and is not personalized, allowing for easy deployment and distribution to large customer bases. The card reader is perfectly suited for environments with high security requirements including digital signatures, secure PIN verification, corporate network access, strong authentication (internet banking), e-commerce transactions, etc.
VASCO also developed a browser plugin for DIGIPASS 870 to make integration in current web infrastructures transparent. This plugin enables secure communication between the banking or e-ID application and the reader no matter which browser the customer uses.
“With DIGIPASS 870, VASCO continues to expand its current product portfolio,” says Jan Valcke, President and COO of VASCO Data Security. “An alarming number of applications continue to use smart cards that are inadequately protected with static PINs whereby applications risk to be exposed to Trojans or key loggers. By entering the PIN code directly on the PIN pad of DIGIPASS 870, exposure of PIN codes is excluded increasing overall security. With the addition of a WYSIWYS functionality transaction signing becomes a simple and straightforward process.”
For more information and visuals, visit: www.vasco.com/DIGIPASS_870
VASCO is a leading supplier of strong authentication and e-signature solutions and services specializing in Internet security applications and transactions. VASCO has positioned itself as a global software company for Internet security serving a customer base of approximately 10,000 companies in more than 100 countries, including approximately 1,700 international financial institutions. VASCO’s prime markets are the financial sector, enterprise security, e-commerce and e-government.
Forward Looking Statements:
Statements made in this news release that relate to future plans, events or performances are forward-looking statements. These forward-looking statements (1) are identified by use of terms and phrases such as “expect”, “believe”, “will”, “anticipate”, “emerging”, “intend”, “plan”, “could”, “may”, “estimate”, “should”, “objective” and “goal”, “possible”, “potential”, and similar words and expressions, but such words and phrases are not the exclusive means of identifying them, and (2) are subject to risks and uncertainties and represent our present expectations or beliefs concerning future events. VASCO cautions that the forward-looking statements are qualified by important factors that could cause actual results to differ materially from those in the forward-looking statements. These risks, uncertainties and other factors have been described in greater detail in the Annual Report on Form 10-K for the fiscal year ended December 31, 2010 filed with the Securities and Exchange Commission and include, but are not limited to, (a) risks of general market conditions, including currency fluctuations and the uncertainties in world economic and financial markets, (b) risks inherent to the computer and network security industry, including rapidly changing technology, evolving industry standards, increasing numbers of patent infringement claims, changes in customer requirements, price competitive bidding, and changing government regulations, and (c) risks specific to VASCO, including, demand for our products and services, competition from more established firms and others, pressures on price levels and our historical dependence on relatively few products, certain suppliers and certain key customers. Reference is made to VASCO's public filings with the U.S. Securities and Exchange Commission for further information regarding VASCO and its operations.
This document may contain trademarks of VASCO Data Security International, Inc. and its subsidiaries, including VASCO, the VASCO “V” design, DIGIPASS, VACMAN, aXsGUARD and IDENTIKEY.
For more information contact: Jochem Binst, +32 2 609 97 00, [email protected]
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