Telenet implements DIGIPASS technology into its SSL VPN solution
OAKBROOK TERRACE, Ill. and ZURICH, Aug. 20, 2013 /PRNewswire/ -- VASCO Data Security International, Inc. (Nasdaq: VDSI; www.vasco.com), a leading software security company specializing in strong authentication products and services, announces today that Telenet (www.telenet.be) has implemented VASCO's DIGIPASS technology into its SSL VPN solution.
Telenet, a leading provider of broadband cable services in Belgium, launches today its new SSL VPN cloud service. This service now enables Telenet's B2B clients external remote access to their corporate network and applications from any computer or device with an Internet connection, without having to install hard- or software on their company network.
In order to protect the corporate network and business-critical information from unauthorized external access, Telenet appealed to VASCO. Telenet opted for IDENTIKEY Authentication Server on the server side and VASCO's DIGIPASS for Mobile software solution. With DIGIPASS for Mobile, employees always have an authentication device at hand, as the application is downloaded on the user's mobile phone, smart phone or tablet. It generates dynamic passwords allowing the user to securely log on to the network. These dynamic passwords are valid for a limited time and cannot be stored for later use by fraudsters.
With this new service, Telenet also offers its B2B customers a fully hosted SSL VPN service allowing IT administrators direct access to the overall IDENTIKEY Authentication Server to manage user access control among others, without having to invest in hardware and maintenance of a security solution.
"We have a long-standing relationship with VASCO," says Martine Tempels, Senior Vice President Telenet for Business at Telenet. "With the increasing number of remote offices, mobile workers and BYOD concepts, offering an SSL VPN service in the cloud is a logical step in the further development of our products and services for businesses. Not every company has the necessary resources, time and / or technical knowledge to adequately secure its remote access. Through this partnership with VASCO, we are able to offer these customers a secure, comprehensive and above all, user-friendly solution."
"We are very pleased with this partnership," says Jan Valcke, President and COO at VASCO Data Security. "Telenet's strategic vision is consistent with that of VASCO: bringing authentication within everyone's reach compromising user convenience. In today's business world, it is increasingly important that data are always available in real time. Thanks to the integration of DIGIPASS and IDENTIKEY companies can rest assured that their confidential information won't fall into the wrong hands."
Telenet is a leading provider of broadband cable services in Belgium. Telenet provides cable television, high speed internet and telecom services, primarily to residential customers in Flanders and Brussels. Telenet for Business provides professional services for companies in Belgium and Luxembourg. The company makes maximum use of its existing Telenet network and service offering. If needed, Telenet works together with partners with whom the company has closed strict quality agreements. The basic services include internet, data, telephony and television solutions. Additionally, the company offers hosting and security solutions. Telenet is listed Euronext Brussels under the ticker symbol TNET.
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.
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, 2010 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.
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SOURCE VASCO Data Security International, Inc.