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Technology Stocks : VASCO Data Security (VDSI)
VDSI 21.800.0%Jun 5 5:00 PM EST

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From: JakeStraw12/22/2005 8:20:38 AM
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VASCO and TriCipher Announce Strategic Partnership to Deliver Increased e-Banking Protection
biz.yahoo.com

Wednesday December 21, 5:55 pm ET

Combined VASCO and TriCipher Solution Delivers Zero Footprint Phishing Protection with an Easy Transition Path to Strong Two-Factor Authentication

OAKBROOK TERRACE, Ill. and SAN MATEO, Calif., Dec. 21 /PRNewswire/ -- VASCO Data Security International, Inc. (Nasdaq: VDSI; www.vasco.com), the global number one vendor of strong user authentication products to the financial sector, and TriCipher, Inc., a leading innovator of strong authentication for the real world, today announced that VASCO's Digipass strong user authentication will be integrated into TriCipher Inc.'s (www.tricipher.com) TriCipher Armored Credential System (TACS) and marketed globally .

The combined solution is the first authentication infrastructure for financial institutions that provides a variety of credential types ranging from "zero footprint, zero hardware" to high security armored Digipass devices. The combined solution protects against many forms of phishing, including "Man in the Middle" attacks. VASCO's VACMAN Controller and Digipass authentication products have been integrated into the FIPS 140-1 Level 2 certified TACS system, enabling customers to balance authentication security, cost, and ease of use by leveraging any or all of the credential type native to TACS or Digipass.

"By partnering with TriCipher, we have provided customers with an easy, highly manageable migration path to Digipass strong authentication products. Financial institutions can now easily match authentication strength to risk to comply with FFIEC guidance without needing to implement several separate infrastructures," said Jan Valcke, VASCO's President & COO.

"Most security practitioners believe that we need to get to an end goal of strong token based solutions exemplified by the Digipass technology," said Ravi Ganesan, CEO, TriCipher Inc. "This combined offering meets the needs of banks who want to walk before they run in meeting FFIEC requirements, but retain the ability to move quickly to very strong authentication as threats change."

The integrated solution is available immediately.
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