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Technology Stocks : Security Dynamics SDTI -- How much money can they make??
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To: John F Beule who wrote (1179)2/23/1999 3:49:00 PM
From: John F Beule  Read Replies (2) of 1614
 
Crypto Giant Gets Smart

By Jackie Cohen

The big cryptography giant is wising up. Security Dynamics Technologies, the parent of RSA Data Security, will announce Tuesday its entree into smart card technology. The product should be on the market as early as this spring.

The SecurID 1000 Smart Card is the company's first chip card-based tool for authenticating people, either on the Internet or in enterprise deployments. The actual hardware is manufactured by Gemplus, the Paris-based chip card vendor; the microprocessor chips on the cards house Security Dynamics authentication technologies.

The cards are intended for use with server-based solutions sold by the company under the ACE/Server moniker. With 7K of memory, the cards can house multiple applications. These could include providing remote and local access to corporate networks; verifying identity; generating cryptography; electronic payment schemes; and loyalty points (like frequent flyer programs).

Each chip holds a unique identifier. The cards can also be personalized with holograms, employee photographs, company logos and other options. And organizations already using Gemplus cards will be able to upgrade them to Security Dynamics versions.

The company expects to peddle the cards to its existing base of customers for SecurID. Over 4 million people use the authenticators in various hardware and software forms.

From 'The Industry Standard'
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