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TheStreet Open House

German Business Club Bavaria To Implement VASCO's MYDIGIPASS.COM





OAKBROOK TERRACE, Ill., and ZURICH, Oct. 8, 2013 /PRNewswire/ -- VASCO Data Security International, Inc. (Nasdaq: VDSI; www.vasco.com), a leading software security company specializing in authentication products and services, today announced that the Business Club Bavaria, a German club that enables business people to build strong relationships via a trustworthy social network, will implement VASCO's authentication service MYDIGIPASS.COM.

Precious business relations are often built through personal contacts during the events organized by the business club. But also the club's protected online platform contains important contact information as well as other confidential details. This private information will be secured by MYDIGIPASS.COM's two-factor authentication.

MYDIGIPASS.COM is VASCO's hosted consumer authentication platform in the cloud. The platform combines high-level security with ultimate user convenience. Instead of logging on with a static password, members will use a dynamic password to access the member section of the website. The business club members can register themselves on www.mydigipass.com and download the free DIGIPASS for Mobile application.The password will be generated by the DIGIPASS app installed on their mobile device.

"Trust is a high value in our business club," says Business Club Bavaria President Kajetan Brandstätter. "On the Internet, it is very easy to misuse trust. All too often, fraudsters steal access codes and then use the stolen identity as their own. The reputation damage for our business club in that case would be tremendous. We are the first business club to offer our members a real workable and safe security concept."

"We are glad we could convince Business Club Bavaria of the value of MYDIGIPASS.COM," states Jan Valcke, President and COO at VASCO Data Security. "Most ASPs and other online providers only react after a security breach. Business Club Bavaria is the first business club to set an example. This radiates confidence and security towards their members and future members."



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