Virginia Heritage Bank Secures Cash Management Solution and Employee Access With VASCO DIGIPASS

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Feb 03, 2010, 04:09 ET

OAKBROOK TERRACE, Ill. and ZURICH, Feb. 3 /PRNewswire-FirstCall/ -- VASCO Data Security Inc. (Nasdaq: VDSI; www.vasco.com), a leading software security company specializing in authentication products today announced that Virginia Heritage Bank, a community bank in Northern Virginia focusing on the banking needs of individuals, families and businesses in the local community, first secured its cash management solution and now also secures the employee access to critical information with VASCO DIGIPASS®.

Virginia Heritage Bank is a full-service community bank, located in Northern Virginia with offices in Fairfax City, Chantilly, Tysons and Gainesville. For its cash management needs, Virginia Heritage Banks uses VASCO's VACMAN Controller core authentication platform natively integrated in the cash management solution, offering authentication and digital signature functionality to the end-users.

To its employees, Virginia Heritage Bank provides secure remote access to the corporate network and Citrix applications. To secure these channels, the bank has purchased the DIGIPASS® Pack for Remote Authentication from VASCO and has deployed it to over 100 employees. The DIGIPASS Pack ensures that any user logging onto the corporate network or application is properly authenticated, thereby confirming their identity and enhancing the overall security.

"Through our cash management solution, we were already familiar with DIGIPASS. We evaluated a number of competitive products and finally decided that the solution VASCO provided was the best choice for us, considering the experience we already had," says Joseph F. Timko, Chief Technology Officer at Virginia Heritage Bank.

"We are glad to see that banks not only secure their customer facing solutions, such as their cash management systems, but also secure the access to critical information and applications for employees. In doing so, Virginia Heritage Bank sets a nice example for the financial sector," says Jan Valcke, President and COO at VASCO Data Security.

About Virginia Heritage Bank

Virginia Heritage Bank (VHB) is a full-service community bank that is locally owned and managed. The Board of Directors and senior management live and work in Northern Virginia -- and have a personal interest in maintaining a strong, vibrant local community.

VHB is committed not only to serving the community today, but also to creating a future of excellence. This commitment is the foundation - and it drives the way Virginia Heritage Bank conducts business every day. They build relationships with small and medium sized businesses, their owners and local consumers that serve their needs now and empower their plans for tomorrow.

About VASCO:

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 over 9,000 companies in more than 100 countries, including almost 1,350 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. Any statement containing words such as "believes," "anticipates," "plans," "expects," "intend," "mean," and similar words, is forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements.

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.