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April 30, 2009

Vasco launches Digipass License Protection

Protection against license fraud, phishing and key loggers in the offering

By CBR Staff Writer

Vasco Data Security International has launched Digipass License Protection, which offers a system for online application or software-as-a-service vendors who are confronted with password or account sharing of their licensed services.

Digipass License Protection not only protects vendors from license fraud, it also protects the users of the online application from fraud through phishing, key loggers or man-in-the-middle attacks, said Vasco.

According to the company, with Digipass License Protection online application vendors can protect themselves against the sharing of passwords, known as license fraud. Digipass authentication links one user to one license. This way the vendor can ensure himself that only licensed users gain access to accounts that they are licensed for.

Digipass License Protection builds upon Vasco’s Digipass and Vacman technology. With Digipass License Protection, the application vendor implements Vasco’s Identikey server or Vacman Controller for the management of the user authentication.

Once the back-end authentication software is installed, the vendor will provision a hardware or software-based Digipass to every licensed user.

Jan Valcke, COO and president at Vasco, said: Online applications have established themselves in today’s business environments. With their increased popularity come a number of threats: licenses are being shared by multiple users, resulting in revenue loss for vendors and data online is the target of hackers resulting in data theft and transaction fraud. Vasco has a longstanding experience in protecting transactions in online banking. With Digipass License Protection we make our expertise available to other online solutions.

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