OAKBROOK TERRACE, Ill. and ZURICH, Switzerland, March 27, 2012 /PRNewswire/ -- VASCO Data Security International, Inc. (Nasdaq: VDSI) (www.vasco.com), a leading software security company specializing in authentication products, announces today that CDS – Condominio de Solucoes Corporativas (www.cds.com.br), a vendor and business solutions integrator, has chosen its DIGIPASS GO 3 authentication solution in combination with IDENTIKEY Authentication Server to provide a high level of security to the BI Retail Program developed for General Motors in Brazil.
The BI Retail Program, which is now available to 50 GM dealers, will be extended to another 150 in the upcoming months and has as main goal to revolutionize the after sales decision making process. Using business intelligence (BI) tools, the program allows GM to manage customers' behavior and financial indicators more accurately in order to add value to campaigns for both internal and external audiences.
"It is our constant concern to ensure our customers that their information is secure and that access to that information is restricted to authorized persons only. The use of VASCO's DIGIPASS GO 3 devices enables us to restrict access to data to authorized personnel only. Strong authentication is today fully integrated within our BI system and present in the GM dealer network throughout Brazil," said Luciano Mendes, manager of Intelligence and Performance at CDS."Previously, each user had an identifier and a password to access the system. Although the identifier was unique and non-transferable, it still opened room for losses or could be used by a non-authorized person. With VASCO's DIGIPASS GO 3 we've created another layer of security."
Among the benefits generated by adopting VASCO's DIGIPASS GO 3 are, according to Luciano, a greater sense of security and confidence in the system. When generating a dynamic password to access the system for single use (one-time password) DIGIPASS avoids the serious security risks associated with traditional static passwords. "This is a benefit clearly visible to the end-user," says Luciano Mendes adding that the solution has been operational for three months now.
"We had to integrate the use of the authentication device in the SAP Business Objects tool. In this process, we had to duplicate the production environment to connect our system with VASCO's authentication device. Later, in just one weekend, it was installed and operational without any impact on our customers," says Luciano Mendes.
He also emphasizes the importance of the care provided by both the VASCO and TechMag (www.techmag.com.br) distributor of the solution in Brazil, during all stages of the project, totaling 600 hours. TechMag provided an engineer from its supporting team to work together with CDS' analysts for about 20 days on the integration of the solution.
Paul Marino, coordinator of Services Operations at General Motors of Brazil, said on the adoption of VASCO DIGIPASS GO3 that "when we started working with the BI solution for the analysis of results of Chevrolet Dealers we had great concerns about the security of the information, because we knew that the network has a very large turnover of staff and this could represent a weakness."
After emphasizing the need to choose a cutting-edge solution to reduce vulnerability and security concerns of GM dealers in the use of BI Retail Program, Paul Marino adds that: "By using the authentication device we have taken a significant jump to boost confidence in the system and today we have an accurate tracking of access to information. VASCO's DIGIPASS solution also helped us to eliminate the risk of an employee leaving a dealership and conveying sensitive data to the competition."
The devices proved that VASCO's strong authentication is a differentiator for CDS in the negotiations and prospecting for new customers and so the company now sees opportunities for the integration with other systems of its extensive portfolio, which includes solutions for business process management (BPM), enterprise content management (ECM), business activity monitoring (BAM) and project explorer (BSC).
"We are very proud that CDS and General Motors Brazil placed their confidence in VASCO's strong authentication solutions," said Jan Valcke, President and COO of VASCO Data Security. "Unauthorized access to business critical information remains a major concern for many enterprises and adequate protection should always be considered as this may result in data theft, revenue loss and even damaged reputations. We are pleased that VASCO's DIGIPASS technology helped ease GM's security concerns and enhance confidence in their business tools."
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 global software company for Internet Security serving a customer base of approximately 10,000 companies in more than 100 countries, including over 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, 2009 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.
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
SOURCE VASCO Data Security International, Inc.