news_VASCO offers authentication services based on IDENTIKEY
Oakbrook Terrace, Illinois, Zurich, Switzerland, March 3, 2009 - VASCO Data Security Inc. (Nasdaq: VDSI; www.vasco.com), a leading software security company specialising in authentication products, and the IT service provider datec24 Services are partnering to offer subscription-based DIGIPASS authentication to datec24 customers. Under the terms of the agreement datec24 will host VASCO’s IDENTIKEY® server. The IDENTIKEY server will be used to offer on-demand authentication to a number of customers. This way, customers are able to secure data on the corporate network and web-based applications with strong authentication without large investments or complicated deployments. Both companies will be at Cebit: VASCO in Hall 17, booth E21 and datec24 in Hall 11, booth D40.
The authentication service, which VASCO also offers directly to customers and known as DIGIPASS® Plus, is ideal to protect mission critical data stored in hosted applications or Software as a Service solutions. Software as a Service (SaaS) is generally on the rise. More and more companies use hosted applications, such as CRM, accounting and payroll applications. The decision to implement SaaS is most often taken by the business owners, not least due to cost efficiency. The IT departments generally are concerned about security: Are the outsourced data really secured? Are the confidential data only accessible by authorized users? Two-factor authentication can protect such sensitive data on the web.
To log-on to SaaS applications employees will no longer use the static password which is by default offered by the application. Employees will log-on through their DIGIPASS®. The software or hardware based DIGIPASS will provide the employees with a One-Time Password (OTP) which they will type into the logon screen. The OTP becomes obsolete after 36 seconds and therefore cannot be re-used when intercepted by hackers or shared with unauthorized co-workers.
Under the terms of this agreement, datec24 will host the server infrastructure to support the subscription based authentication service. Subscription fees as of 3.55 EUR per month will provide companies with an authentication solution for employees, including the VASCO DIGIPASS authenticators. The service is based on VASCO’s IDENTIKEY Server.
IDENTIKEY 3.0 is VASCO’s authentication server solution, based on VACMAN technology, which offers DIGIPASS two-factor authentication for remote access to networks and for web based applications. The solution is ideal for medium and large enterprises who want to integrate user authentication or signature validation into their web applications. Its SOAP interface enables IDENTIKEY integration in virtually any web based environment.
In a first public test phase an offer has been created offering increased security through IDENTIKEY based authentication services for companies using the CRM on-demand platform Salesforce.com.
Besides the low investment, the use of authentication services has a number of other advantages: There is no need for time-consuming and costly integration. There is no additional hardware or software required on the server side of the customer, the SOAP interface of IDENTIKEY allows seamless integration. datec24 ensures a swift deployment and the high availability of the service. Thanks to the subscription fee, authentication can steadily grow with the size of the company. Furthermore the customer does not need to worry about impacting IT resources with updates, these are done automatically and part of the subscription.
"Increased security without complexity," says Jens Karjoth, managing director of datec24 Services GmbH. "We provide a secure high-availability infrastructure through which companies can use the authentication service for SaaS based on IDENTIKEY, without having the risk or cost involved in deploying an authentication solution."
“We are happy to partner with datec24. VASCO already offers authentication services, with this partnership we expand that offering to a number of customers in Germany.”, says Jan Valcke, President and COO at VASCO Data Security.
datec24 Services GmbH was founded in 2003 by Jens Karjoth and Frank Schuster in Stuttgart. datec24 expanded its activities through an extensive and reliable partner network throughout Germany, and it supports customers with its know-how taken the continuous development of information technology into account.
The portfolio of datec24 Services GmbH comprises hardware and software implementation, the management and support of IT projects, including ITIL Service Desk and on-site service support.
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 global software company for Internet Security serving a customer base of approximately 8,000 companies in more than 100 countries, including more than 1,200 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. Any statement containing words such as “believes,” “anticipates,” “plans,” “expects,” “intend, ” “mean,” and similar words, is forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements.
Reference is made to the Company's public filings with the US Securities and Exchange Commission for further information regarding the Company and its operations.
This document may contain trademarks of VASCO Data Security International, Inc. and its subsidiaries, which include VASCO, the VASCO “V” design, DIGIPASS, VACMAN, aXs GUARD and IDENTIKEY.