OAKBROOK TERRACE, Ill. and HANOVER, Germany, March 16, 2016 /PRNewswire/ -- VASCO Data Security International, Inc. (NASDAQ: VDSI), a global leader in authentication, electronic signatures, and identity management, today announced the DIGIPASS 770 authenticator with Cronto-based visual authentication and transaction signing capabilities. Cronto technology utilizes an encrypted color QR code to protect against the newest and most sophisticated cyberattacks while providing the highest level of user convenience.
DIGIPASS 770 is a compact, hand-held authenticator featuring a color display, keypad, PIN protection and a built-in camera. It has many of the same features as VASCO's top-selling Cronto solutions, but has been engineered for applications where minimizing total cost of ownership is a priority. Cronto technology enables banks to defeat online fraud schemes, such as phishing, social engineering threats and Man-in-the-Middle attacks by protecting customer login and transaction authorization.
Visual transaction signing enhances user convenience by reducing the user interaction required to login to an account or verify a transaction – users simply point their Cronto-enabled device at their screen and the QR code is automatically captured, allowing all of the encrypted transaction details to be communicated between the bank and its customer through a secure channel without the risk of interception or tampering by hackers.
"With the introduction of the DIGIPASS 770, we now have a full portfolio of Cronto solutions positioned to address every segment of our banking customers' needs," stated Jan Valcke, President and COO of VASCO Data Security. "We have enjoyed significant success with our Cronto solutions and our newest solution should allow us to expand the market further."
More information about the new DIGIPASS 770 authenticator can viewed on vasco.com and it is being demonstrated in VASCO's stand at CeBIT until March 18 in Hall 6, Stand N° G43.
VASCO is a world leader in providing two-factor authentication and digital signature solutions to financial institutions. More than half of the top 100 global banks rely on VASCO solutions to enhance security, protect mobile applications and meet regulatory requirements. VASCO also secures access to data and applications in enterprise environments, and provides tools for application developers to easily integrate security functions into their web-based and mobile applications. VASCO enables more than 10,000 customers in 100 countries to secure access, manage identities, verify transactions, and protect assets across financial, enterprise, E-commerce, government and healthcare markets. Learn more about VASCO at vasco.com and on Twitter, LinkedIn and Facebook.
© 2016 VASCO Data Security, Inc. All rights reserved. VASCO® and the VASCO stylized V logo are registered or unregistered trademarks of VASCO Data Security, Inc. and VASCO Data Security International GmbH in the U.S. and other countries.
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SOURCE VASCO Data Security International, Inc.