Back to school

Oakbrook Terrace, Illinois, Zurich, Switzerland, August 24, 2010 - VASCO Data Security Inc. (Nasdaq: VDSI; www.vasco.com ), a leading software security company specializing in authentication products, urges schools, colleges and universities as well as their students to be more careful and aware of security issues when using online platforms for educational purposes. To prevent identity and data theft, online applications used by schools and universities should be sufficiently protected.

They are still enjoying their summer vacation, but soon students all over the country will be returning once again to their classes and books. Others will take an even bigger step and go to a college of university for the first time in their lives. Today, it is hard to imagine a secondary school or a university without the necessary IT infrastructure. Students use either their own pc or those provided by the educational institution they attend. It has become common for universities to have an online interactive platform to distribute course documents, announce colleges and exchange information on forums. Even secondary schools often have such a platform, allowing teachers to post didactic material and even take online tests.

These kind of online applications are designed to facilitate the communication between (university) teachers and students. Teachers are able to post online course documents such as PowerPoint presentations or texts used in class, making them accessible for all students and eliminating the need to distribute paper versions during class. Students are able to examine these documents or print them anywhere and anytime. The same way, students can submit their assignments and papers on the internet. Online platforms are also a quick way to make certain announcements, for instance when classes are cancelled or replaced. Online forums offer students the opportunity to ask questions to the professor or their fellow students, thus encouraging discussion on certain difficult topics and, more important, allowing everyone to follow it.

But online platforms used by educational institutions are also a great administrative tool. They contain personal data of students and teachers, allowing the administrative services to process quickly information such as address changes. And there are a lot of other possibilities as well: students can subscribe to courses and choose their individual program online, check their grades, and so on. Often, the online applications also involve a kind of digital office, allowing teachers and other employees at the university to submit their expense forms or vacation requests, make reservations of classrooms, and many more.

It is obvious that this kind of applications, containing information on people’s identities, addresses and personal data, should be sufficiently protected against possible online attacks. But in reality, many platforms are only secured with a weak static password. And although choosing a complicated password and changing it regularly is encouraged, it is rarely obligatory. It is thus not unthinkable that online fraudsters would be able to hack the user accounts and abuse personal information they can find there to conduct, for instance, phishing attacks. An effective countermeasure against hackers is strong two-factor authentication. VASCO’s authentication solutions allow replacing static passwords with more secure dynamic ones. Dynamic passwords or one-time passwords minimize the risk of password theft, as they are valid for a limited amount of time and can be used only once. Strong authentication thus ensures that only authorized users have access to the application, and at the same time remains a very user-friendly solution: a dynamic password is easily generated at the push of a button of a DIGIPASS.

“VASCO has experience in providing effective and user-friendly authentication solutions to secure online applications in the educational sector. Unfortunately, there are still a lot of schools and universities who offer great online platforms with a lot of functionalities, secured only by a weak static password. Considering the possible abuse of personal data displayed in these applications, we recommend to be careful when using online educational platforms and make sure they are secured in an effective way. Strong authentication is the best way to make sure that only authorized users can access the online applications. This way, students, teachers and other employees can enjoy all the benefits of these interactive platforms without having to worry about security issues”, 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 10,000 companies in more than 100 countries, including approximately 1,500 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 “believe,” “anticipate,” “plan,” “expect,” “intend,” “mean,” “potential” 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 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]