Article posted: Nov 05, 2018
By Joakim Thorén, CEO
Just about six months after the implementation of the EU's General Data Protection Regulation, we polled companies both in Europe and beyond to learn how the GDPR is impacting them. Among the most important findings: Many companies paid more than they'd anticipated, many non-EU companies are putting similar regulations in place in the belief that similar regulations are coming in their countries and educating users about remaining in compliance is a major concern.
Article posted: Oct 24, 2018
By Joakim Thorén, CEO
The Global Credential Management Solutions Market is growing quickly and projected to reach $1.8 Billion by 2025, signaling the times in which we live where data breaches, state-sponsored hackers and election tampering are daily occurrences. The research findings were compiled by Verified Market Research.
Article posted: Oct 23, 2018
By Joakim Thorén, CEO
A New MediaPRO study surveying more than 1,000 employees across the United States reveals 75% of respondents pose a security risk to their organizations. Reported in Dark Reading, the survey also unveiled management team members were more likely to fall for popular phishing schemes than entry-level or mid-level employees.
Article posted: Oct 16, 2018
By Joakim Thorén, CEO
It's official: Version 5.3 of vSEC:CMS, a powerful new iteration of our industry-leading identity and access management solution, is now available. This version includes support for additional popular Gemalto eTokens and smart cards, and offers a slew of additional important features, including the ability to speed new user validations and enable license and Operator Store issuance.
Article posted: Sep 24, 2018
By Anders Adolfsson, Technical Consultant, Versasec
We began our business in Stockholm more than 10 years ago, and it's remained an important geographic market for our identity and access management solutions. Through the years, we've built up an impressive business in government, defense and se...
Article posted: Sep 19, 2018
By Joakim Thorén, CEO
It seems like companies will never learn. Passwords continue to be the culprit of data breaches, especially temporary password-only security measures. ABC reported Westpac is the latest banking organization to suffer a temporary password only breach. And while data breaches are generated by outside hackers, the Westpac breach was caused by an employee, who accessed the temporary passwords and handed them over to a mortgage broker.
Article posted: Aug 23, 2018
By Joakim Thorén, CEO
While large enterprises across the US most certainly have sophisticated cybercrime fighting measures in place, the same is not true of many of the nation's small- and medium-sized businesses (SMBs).
That's why the NIST Small Business Cybersecurity Act, S. 770, previously referred to as the Main Street Cybersecurity Act, was signed into law by President Trump last week. S. 770 charges the National Institute of Standards and Technology (NIST), a division of the commerce department, with helping the nation's smaller businesses better prepare for and address the potential of cybercrime through better education. The Act specifically states NIST is to help SMBs "identify, assess, manage and reduce their cybersecurity risks."
Article posted: Aug 06, 2018
By Joakim Thorén, CEO
Another day, another data breach, as social news aggregation platform Reddit just announced it was breached. With the GDPR regulations in effect, more organizations are quickly reporting breaches and investigating their causes to avoid stiff penalties. The latest breach affecting Reddit demonstrates the dangers of using SMS for two-factor authentication.
Article posted: Jul 29, 2018
By Joakim Thorén, CEO
We all know strong security requires more than just a user name and password and have long been proponents of the cost-effective nature of smart cards and security keys. Managing those keys and cards (both physical and digital) is the basis of our business, after all!
Article posted: Jul 25, 2018
By Adam Bostwick, Business Development
When Microsoft announced it would cease support for its Forefront Identity Manager (FIM), its identity and access card management system, and its successor product, Microsoft Identity Manager (MIM), we geared up to help those customers seamlessly migrate from FIM/MIM to the Versasec vSEC:CMS.
Article posted: Jul 24, 2018
By Joakim Thorén, CEO
This week we are kicking off our summer session of "Versasec University" ... but don't worry, there are no tests or grades. Rather, the University provides a good opportunity to gain critical guidance on working with our vSEC:CMS and Yubico's PIV (Privilege and Identification Card) token.
Article posted: Jul 18, 2018
By Joakim Thorén, CEO
Cisco's 2018 Annual Cybersecurity Report points out that mobile devices are the most difficult to protect. That's in large part because of increased use of Bring Your Own Devices (BYOD) into the workplace. While organizations can save up to $350 per phone, per employee, by allowing the use of BYOD devices, there are inherent security challenges. When employees download apps from questionable gaming sites that are more likely to be breached, they leave a window for hackers to enter corporate servers and steal valuable organizational data.
Article posted: Jul 17, 2018
By Joakim Thorén, CEO
We're committed to building strategic partnerships with the best security companies around the globe. Today, we announced today our new technology partnership with Identiv, a global provider of physical security and secure identification solutions.
Article posted: Jul 10, 2018
By Joakim Thorén, CEO
We're delighted to announce Sven Hammar has joined our Board of Directors. He was named to the post at our company's annual general meeting last month. On a personal level, I couldn't be more pleased. Sven has been a friend and mentor to me for many years. For Versasec, landing someone who is a noted industry luminary is a major coup.
Article posted: Jul 02, 2018
By Joakim Thorén, CEO
Australia's Department of Defence (DoD) is constituted under the Defence Act 1903. Its mission is to defend Australia and its national interests. In fulfilling this mission, Defence serves the Government of the day and is accountable to the Commonwealth Parliament which represents the Australian people to efficiently and effectively carry out the Government's defence policies.
Article posted: Jun 29, 2018
By Joakim Thorén, CEO
The U.S. smart card industry is poised to grow to $21.57 billion by 2023, according to the latest MarketsandMarkets, "Smart Card Market Global Forecast to 2023." The report, issued this month, discusses the acceptance and growth of the smart card industry in key geographic regions, including North America, Europe, Asia Pacific and the Middle East, Africa and South America. In the market forecast report, Versasec, along with partners Gemalto and Identiv, were listed as major players in the smart card market.
Article posted: Jun 20, 2018
Q&A with Allen Liang, COO of Longmai
We interviewed Longmai COO Allen Liang for our reoccurring partner blog series. Longmai is one of the leading digital security device vendors in China and Versasec just announced its support for Longmai's mToken: https://versasec.com/docs/2018.06.20-Longmai.php. In our discussion, Allen talks about the growing use of two-factor authentication in China, standard encryption algorithm support and the changing identity and access management (IAM) landscape.
Article posted: May 31, 2018
By Joakim Thorén, CEO
There's been lots of talk around the world about "GDPR", the European Union General Data Protection Regulation, which was implemented across the EU last week (May 25).
Article posted: May 23, 2018
By Joakim Thorén, CEO
A recent Frost & Sullivan study of Asia-Pacific organizations reported key security concerns from undetected security breaches to online brand impersonation. The industry analyst firm reported one in four organizations in Asia-Pacific have experienced a cybersecurity incident, and 27 percent of organizations admitted they could not determine if their data was breached because they don't conduct data breach assessments.
Article posted: May 16, 2018
Q&A with Olov Renberg, Co-Founder and COO of BehavioSec
We're pleased to offer the fifth installation of our quarterly partner/industry blog series. We recently shared a booth with BehavioSec at RSA 2018 and spoke with Olov Renberg, BehavioSec's Co-Founder and COO about the growing use of behavioral biometrics, aka behaviometrics, and the changing IAM landscape