VASCO Joins FIDO Alliance Board of Directors
Global Leader in Banking Authentication Expands Support for FIDO Ecosystem and Move Away from Passwords Dependencies
OAKBROOK TERRACE, IL, October 14, 2015 /PRNewswire/ -- VASCO Data Security International, Inc. (NASDAQ: VDSI), a global leader in authentication, electronic signatures, and identity management, announced today that it has become a board member of the Fast IDentity Online (FIDO) Alliance. The FIDO Alliance comprises leading international organizations that share a common mission of improving security and privacy and enhancing user convenience by replacing the outdated scheme of user name and passwords.
VASCO is a global leader in providing authentication solutions to financial institutions and has been a sponsor member of the FIDO Alliance since June of 2014. VASCO is committed to supporting FIDO’s progress in the rapidly evolving area of authentication.
“Our goal is to make it simple, intuitive and transparent for users to gain secure access to their online and mobile applications,” stated T. Kendall Hunt, Chairman and CEO of VASCO. “The first line of defense, and too-often the first line of failure, happens at the login process. If we make it easier and more secure for users to login, we can make great strides in improving security and reducing losses.”
About the FIDO Alliance
The FIDO (Fast IDentity Online) Alliance, www.fidoalliance.org, was formed in July 2012 to address the lack of interoperability among strong authentication technologies, and remedy the problems users face with creating and remembering multiple usernames and passwords. The FIDO Alliance is changing the nature of authentication with standards for simpler, stronger authentication that define an open, scalable, interoperable set of mechanisms that reduce reliance on passwords. FIDO authentication is stronger, private, and easier to use when authenticating to online services.
VASCO is a world leader in providing two-factor authentication and digital signature solutions to financial institutions. Many of the top 100 global banks rely on VASCO solutions to enhance security, protect mobile applications and meet regulatory requirements. VASCO also secures access to data and applications in enterprise environments, and provides tools for application developers to easily integrate security functions into their web-based and mobile applications. VASCO enables more than 10,000 customers in 100 countries to secure access, manage identities, verify transactions, and protect assets across financial, enterprise, E-commerce, government and healthcare markets. Learn more about VASCO at vasco.com and on Twitter and LinkedIn.
For more information:
+1-847-370-1486 (US) or +32 2 609 97 00 (ROW)