Brazilian bank uses Digipass and VACMAN to safeguard its retail e-banking application 
(12/05/2008)
VASCO Data Security International, Inc. has announced that leading Brazilian bank Banco Itau will protect the users of its retail e-banking application with VASCO's VACMAN Controller and Digipass GO3.
Banco Itau, one of Brazil's largest privately owned banks, is a longstanding customer of VASCO. Five years ago, the bank started securing its corporate customers with VASCO's strong authentication products. The bank will use VASCO's Digipass-VACMAN combination in order to safeguard its retail e-banking application.
Digipass GO3 is a lightweight strong user authentication product, especially designed for the large volume banking market. GO3 is easy to use - with a simple touch of a button, the customer generates a unique one-time password. The password can be only used once, which means that it can't be re-used by fraudsters. Digipass GO3 is VASCO's answer to banks that want to give their customers a simple though secure means to use Internet banking applications.
"We are very happy to extend our cooperation with Banco Itau," said Jan Valcke, VASCO's President and COO. "VASCO will put the combination of its expertise and experience as a global market leader in strong authentication and the expertise of its local staff at Itau's disposal in order to guarantee a smooth roll-out and a successful project. Together, we'll make the Internet a safer place."
Brazil is an important market for VASCO. The country has a mature and popular Internet banking channel and the banks are actively looking for ways to make the Internet a secure and easy to use business channel. In 2007, VASCO opened a sales- and support office in Sao Paulo, the business capital of Brazil.
Related topics: Authentication and identity management
Print version | 
Email to a friend | 
Related articles
Data breaches: Trends, costs and best practices gives you all the latest information on securing personal and corporate data, key recommendations for immediate action to improve data security, and how to respond to data breaches.
Other Security news and resources
Security News
Suppliers Directory
Jobs forum
Classifieds
Knowledge base
White papers
Research library
Security books
Special reports
Security interviews
Security companies
Security events
Security links
Security market
Product channels
Access Control Biometrics CCTV Intruder Alarms IT Security Manned Guarding Perimeter Protection Physical Security Remote Monitoring Security Services Fire, Health & Safety Other Security Products
IT Security white papers and research library
Access Control Authentication Data Management Data Security Digital Signatures Email Security Identity Management Internet Security Intrusion Prevention Network Security Remote access security Security Management Security Policies Security Software Security Threats Virus Detection Software Virus Protection VPN Vulnerability Assessment Wireless Security
Security books, guides, standards and toolkits
RFID and Smart Cards books, guides and reference documents Biometric books, guides and reference documents CCTV books, guides and reference documents Intruder alarms and intrusion detection systems books, guides and reference documents Monitoring and surveillance books, guides and reference documents IT Governance, ISO 27001 ISO 17799 and BS 7799 toolkits Fire, Health & Safety books, guides and reference documents
