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.

Continue Reading...

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.

Continue Reading...

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...

Continue Reading...

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.

Continue Reading...

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."

Continue Reading...

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.

Continue Reading...

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!

Continue Reading...

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.

Continue Reading...

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.

Continue Reading...

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.

Continue Reading...

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.

Continue Reading...

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).

Continue Reading...

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.

Continue Reading...

Article posted: May 14, 2018

By Joakim Thorén, CEO

A U.S. Senate Intelligence Committee report released earlier this week confirms there was some meddling in the 2016 election cycle by Russian-linked operatives. While the publicly released report summary, entitled "Russian Targeting of Election Infrastructure During the 2016 Election," shows voting systems in as many as 21 states were targeted, the impact was largely negligible.

Continue Reading...

Article posted: Apr 09, 2018

By Adam Bostwick, Versasec business development engineer

Faced with the challenge of updating its aging computer equipment and maintaining two-factor authentication (2FA) throughout its 4,900+ organization, Mobiliar turned to Versasec.

Continue Reading...

Article posted: Mar 15, 2018

By Adam Bostwick, Versasec business development engineer

Versasec partner certgate is one of the leading IT security providers in the mobile communications industry. The companies are working together to protect organizations' mobile and computer devices against hackers, data leakage and especially unauthorized access. Any Bluetooth-enabled device, including desktops, laptops, etc., is easily read by cergate's combination card reader and visual badge holder, AirID.

Continue Reading...

Article posted: Jan 23, 2018

By Joakim Thorén, CEO

Our development team spent a lot of time last year focused on the client side of our identity and access management solution, with a heavy emphasis on user self-service. In fact, those improvements and enhancements figure prominently in vSEC:CMS 5.0, which was released last week.

Continue Reading...

Article posted: Dec 14, 2017

By Joakim Thorén, CEO

Two-factor authentication (2FA) is one of the most powerful and well-established techniques for strengthening user credentials. The U.S. government requires all its employees, contractors and vendors use 2FA. And businesses of all types should follow suit.

Our partners at Yubico agree. They've written a blog about how we work together, and we invite you to take a look by visiting https://www.yubico.com/2017/12/2fa…

Continue Reading...

Article posted: Dec 12, 2017

By Joakim Thorén, CEO

In its recent report, "Advanced Authentication Market Research Report - Global Forecast to 2023," technology research firm Market Research Future provided insight into why the advanced authentication market will grow significantly, topping $7B USD by 2023.

Among the report highlights, Market Research Future noted that new identity and access technologies are driving sales and market growth. Advanced authentication adds an additional layer of security to standard username and password authentication method. Identity and access management companies recognize that hackers are stealing identity badges and numeric PINs. In response, they have developed different authentication techniques such as one-time passwords (OTPs), biometrics and virtual smart cards.

Continue Reading...

Article posted: Oct 16, 2017

By Marcus Hartwig, Versasec GM Americas

Versasec has repeatedly warned that text messages should noy be used as two-factor authentication. Now, Positive Technologies has proved that point decisively but demonstrating the ease of hacking into a bitcoin wallet by intercepting a text message. The Verge reported Positive Technologies posted a video about how easy it is to access a bitcoin wallet by intercepting text messages in transit.

Continue Reading...