news_VASCO’s cloud-based DIGIPASS as a Service offering now available for Google Apps™
OAKBROOK TERRACE, Illinois and ZURICH, Switzerland –April 12, 2011 – VASCO Data Security International, Inc. (Nasdaq: VDSI; www.vasco.com), a leading software security company specializing in strong authentication products, announces today that its DIGIPASS as a Service platform is now available for Google Apps™.
DIGIPASS as a Service is VASCO’s cloud-based authentication offering for web based applications. Application providers are increasingly aware about the security risk static passwords pose and accelerate investments in strong user authentication to protect end-users’ business-critical information.
Google Apps™ is a hosted service for communication and affairs tools, designed for businesses of all sizes. The web-based messaging and collaboration apps do not require any hardware or software installation and only minimal administration. As all data is stored online, access control is an all-important matter. Password security is known to be the weakest link in a security infrastructure. DIGIPASS as a Service, VASCO’s cloud based authentication service, is designed for companies that do not want to invest in the overhead expenses commonly associated with the implementation and maintenance of two-factor authentication.
VASCO manages the full authentication process enabling the application provider to focus on its core business. The DIGIPASS as a Service offering includes a fully backed-up hosted authentication back-end, the provisioning of DIGIPASS software or hardware authenticators to end-users, DIGIPASS services including professional and fulfillment services as well as first line support.
Making the DIGIPASS as a Service offering available for Google Apps™ is the evident next step in the development of cloud based authentication for the business-to-employee (B2E) segment focusing on employee’s security needs. Earlier, VASCO launched its hosted authentication services for the B2B segment.
In a first phase, DIGIPASS as a Service for B-to-B was launched. Now, the second phase has taken off: DIGIPASS as a Service targets the B-to-E-market. Employees are indeed the end-users of Google Apps™. The third phase in the roll-out will focus on the B-to-C market. Typical consumer applications that VASCO wants to secure are online gaming, e-commerce or social networks.
“DIGIPASS as a Service meets the growing need of application providers to add strong user authentication to their applications in a cloud-based offering”, says Ken Hunt, Founder, Chairman and CEO of VASCO Data Security. “This partnership is an important step for VASCO and broadens the reach of our service offering.”
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 over 10,000 companies in more than 100 countries, including more than 1,600 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, 2009 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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