Press Release Summary:
Working with CrontoSign technology, DIGIPASS 760 enables banks to establish secure optical communication channel with client. Account holders enter transaction details on bank's website, which are then encrypted and presented as graphical cryptogram on user's computer/tablet. DIGIPASS 760's built-in camera scans image and captures and decrypts colored cryptogram. Once transaction details are verified by user, signature is generated on DIGIPASS 760 which user enters on bank's website.
Original Press Release:
VASCO to Launch Visual Transaction Signing Solution, DIGIPASS 760, at Cartes
DIGIPASS 760 first successful integration of Cronto's technology in VASCO's product portfolio
OAKBROOK TERRACE, Ill., and ZURICH, Switzerland, -- VASCO Data Security International, Inc. (Nasdaq: VDSI; www.vasco.com), a leading software security company specializing in authentication products and services, today announced the launch of DIGIPASS 760, a visual transaction signing solution. DIGIPASS 760 is the first successful integration of Cronto's patented solution into VASCO's DIGIPASS product line.
DIGIPASS 760 is an innovative authentication device targeted towards banks, enabling them to establish a secure optical communication channel with the client. The solution works with the CrontoSign technology whereby a graphical cryptogram consisting of a matrix of colored dots is displayed on the bank's website.
Account holders enter their transaction details on the bank's website. These details are then encrypted and presented as a graphical cryptogram on the user's computer or tablet. Users simply "scan" this image with the DIGIPASS 760's built-in camera. The DIGIPASS 760 instantly captures and decrypts the colored cryptogram and the transaction details are presented on the DIGIPASS color display for user verification. A signature is then generated on the DIGIPASS 760 which the user enters on the bank's website to confirm the transaction.
The solution offers an ultimate user convenience as what you see, is what you sign. User interaction is reduced since the encrypted data from the PC display are automatically transferred to DIGIPASS 760. The innovative transaction signing solution is also future-proof as it provides banks with an option to create their own text or messaging on the display allowing them to add different applications and adapt to the threats and business requirements of tomorrow.
"We are very excited to introduce DIGIPASS 760, the first complete integration of Cronto's technology in the DIGIPASS portfolio," says Jan Valcke, President and COO of VASCO Data Security. "DIGIPASS 760 is a high-level transaction signing solution helping banks to mitigate attacks poised by malware or through social engineering specifically targeted at online banking. The solution excels in user-friendliness, as transaction data are automatically captured by the device and clearly displayed for verification. DIGIPASS 760 meets the highest demands for security in online and mobile banking."
DIGIPASS 760 will be showcased at Cartes on November 19, 20 and 21 in the Paris-Nord Villepinte Exhibition Center (hall 4, booth nr J 027).
More information on DIGIPASS 760 can be found on VASCO's website: www.vasco.com/DIGIPASS_760
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 approximately 10,000 companies in more than 100 countries, including approximately 1,700 international financial institutions. VASCO's prime markets are the financial sector, enterprise security, e-commerce and e-government.
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.
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