NW_20091007_En_VASCO reinforces its presence in the Middle East by opening an office in the Kingdom of Bahrain
OAKBROOK TERRACE, Illinois and ZURICH, Switzerland – September 22, 2009 - VASCO Data Security International, Inc. (Nasdaq: VDSI) (www.vasco.com), a leading software security company specializing in authentication products announces that it is significantly expanding its Consulting Services. The new consultancy offering supports a growing demand for expertise and sharing of best practices in implementing strong authentication in e-banking and beyond. VASCO Consulting Services complements VASCO’s full option all-terrain authentication strategy. The curriculum will be further expanded over time.
VASCO’s Consulting Services cover 11 modules which can be regrouped into 4 categories: advice prior to, during and after an implementation and on-demand consulting.
‘Before implementation consulting services’ focus on sharing expertise and best practices, new technologies, threats and defense mechanisms.
Strong authentication for e-banking: covering all aspects of a strong authentication project in e-banking from the early planning stages to implementation, including business and financial planning, product strategy, distribution, support, marketing and communication planning.
Two-factor authentication for mobile applications: providing insights into the mobile industry, technologies and how to turn mobile into an additional authentication channel
E-banking security: online threats and defenses: a three day customized program providing an overview of the newest security threats, an in-depth assessment of the authentication mechanisms already used by the customer and a written report with recommendations.
‘Consultancy during implementation’ consists of case-driven key management consulting and a number of technology specific modules.
Key management consulting: case specific advice on the management of cryptographic keys, technical procedures and preparing for key ceremonies.
EMV-CAP and CTVS technical consulting: how to leverage EMV-CAP cards for strong authentication in existing environments and infrastructures.
DIGIPASS® parameterization: advice on customizing DIGIPASS authenticators in terms of number of digits, validity of One-Time Passwords (OTP) and its implications for security and usability.
VACMAN® Controller time window parameterization: Customized advice on how to define the right time window parameters depending on the customer’s needs and infrastructure.
IDENTIKEY® large deployment: in-depth integration and installation advice beyond standard training
aXsGUARD® Gatekeeper module: validation of the integration and configuration of the aXsGUARD appliance and how to benefit from its additional modules/functionality
The ‘after implementation consulting’ consists of fraud detection and analysis. A basic module consists of the assessment and web analysis of DNS, historic Trojans, historic Phishing and website analysis for optimization and risk reduction. Additional subscription based anti-fraud services are also available such as log file watching and analysis, Trojan/Malware analysis,… a leading software security company specializing in authentication products today announced that it is reinforcing its presence in the Middle East by opening an office in the Kingdom of Bahrain. The establishment of this new legal entity VASCO Data Security Middle East (SPC), a wholly owned subsidiary of VASCO Data Security in the Kingdom of Bahrain is in line with VASCO’s three step strategy in building up a market presence.
“VASCO already has several customers in the Middle East, among others Arab Bank in the United Arab Emirates and Riyad Bank in the Kingdom of Saudi Arabia. We already work together with local distributors, amongst other FVC in Dubai and we are convinced that our local presence will provide us with further growth opportunities.”, says Jan Valcke, President and COO at VASCO Data Security.
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 9,000 companies in more than 100 countries, including almost 1,300 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 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, aXs GUARD and IDENTIKEY.
For more information contact:
Jochem Binst, +32 2 609 97 00, [email protected]