Almi Invest Exits as Versasec Outgrows Investment Portfolio
FOR IMMEDIATE RELEASE
STOCKKHOLM – Sept. 12, 2023
Almi Invest Exits as Versasec Outgrows Investment Portfolio
Versasec – a global, profitable, leading supplier of IAM products, announces a significant change in its ownership structure. The early stage investor Almi, has divested its ownership in the company. Consequently, several Versasec board members, management, and founders decided to increase their shareholding in the company. In addition, a new investor, Blixx, has joined and expressed their confidence in the vision and mission of Versasec.
Versasec is grateful for Almi’s investment in its early stages and its committed vision to success from day one. Sarah Glücksman, Exits and Portfolio Management at Almi Invest, commented: “we have collaborated with Versasec as an active investor since 2011. Versasec is now a global, profitable, leading supplier of IAM products. Almi Invest’s focus is on supporting early-stage businesses, therefore we have made the strategic decision to divest our ownership in Versasec. This resulted in an opportunity that was offered to current shareholders and dedicated employees, and the proceeds will be allocated towards new early-stage startups in Sweden.”
The investment company Blixx AB has made its first investment in Versasec AB. Blixx AB is a business angel-driven investment company with 8 owners. It invests in cash-generating companies, building up a portfolio of companies in early stages. Versasec is added to its portfolio which now consists of 6 companies. “We have been following the company for some time. Versasec has established itself very well in the market and is now moving quickly into new technology with a SaaS solution. Therefore, the present combination of low risk and a huge potential made us make this investment” stated Fredrik Runnquist, Chairman of Blixx AB, and Versasec’s board member.
Mr. Torvald Bohlin, and Versasec’s Chairman of the Board, is excited about the new ownership structure, saying, “I am very pleased to welcome Blixx as a new shareholder and about the fact that our current shareholders have acquired a large part of Almi Invest´s holding in Versasec. I would like to thank Almi for having been an appreciated shareholder for over ten years, contributing to Versasec´s development to become a leading player in the global Identity and Access Management industry.”
About Versasec
The Versasec award-winning software is used by companies of all sizes to fulfill their ever-evolving cybersecurity strategies. Versasec provides the necessary orchestration to automate and manage the multiple Identity and Access Management (IAM) system, providing organizations a secure hub for their IAM solution providers: certificate authorities, user directories, HSM’s, credentials, and more. Versasec credential management system, vSEC:CMS, is available on-prem, and as a managed service through vSEC:CLOUD with premium support. Versasec supports the most number of credentials in the market, covering the latest modern authenticators and technologies such as PIV/PKI, FIDO, virtual, and physical credentials, as well as RFID for secure access control. Trusted by organizations and corporations worldwide, Versasec serves the public and private sectors in government, defense, manufacturing, healthcare, financial services, and more. Versasec is headquartered in Stockholm, Sweden.
vSEC:CMS
Our product suite provides all the software tools to administrate and manage credentials in a secure and convenient way.
Free Product Trial
Versasec provides enabling IT security products centered on the usage of security devices such as smart cards. Our solutions enable customers to securely authenticate, issue and manage user credentials more cost effectively. Get a free product trial.
Job Openings
We are always looking for new exceptional persons to join our team! Find out more about our job openings.
Latest Versasec Release Expands the Cyber Ecosystem
FOR IMMEDIATE RELEASE
STOCKHOLM – June 22, 2023
Latest Versasec Release Expands the Cyber Ecosystem
Versasec, the established global leader in Identity and Access Management (IAM) software, today announced the release of the latest version of its credential management system, vSEC:CMS. Version 6.8 enables customers to efficiently manage their users’ FIDO credentials in the Thales SafeNet Trusted Access identity platform as an integrated part of the credential orchestration.
New and existing customers are now able to download an evaluation version of vSEC:CMS version 6.8.
With Versasec and STA, businesses and organizations are able to issue, activate, and revoke FIDO credentials effortlessly. Additionally, Versasec products now support the latest passwordless FIDO2 and PKI credentials from Giesecke+Devrient and Thales. Finally, Versasec integrated with EverTrust’s certificate authority, Horizon, continuing to give its global customers choices from world-renowned identity management providers. The cyber ecosystem expands thanks to Versasec’s efforts to deliver integrations that provide customers with the customization their business needs.
“With added integration to Thales SafeNet Trusted Access, Versasec credential management delivers centralized management and the full orchestration of the lifecycle of – FIDO, PKI, or both – modern authentication devices. It enables a complete Zero-Trust ecosystem with phishing-resistant technologies, and provides a cost-effective system by reducing operational costs,” stated William Houry, VP of Global Sales at Versasec.
Version 6.8 features additional enhancements, updates, and automated tasks, including:
- Thales SafeNet Trusted Access (STA) as a supported identity provider.
- Full enterprise management of lower cost with our added support for management of FIDO only credentials.
- First supported FIDO-only (no PKI) credential: Thales SafeNet eToken FIDO.
- Manage phishing-resistant FIDO2 & PKI Thales SafeNet eToken Fusion CC authenticators.
- Introducing credentials by Giesecke+Devrient, StarSign series.
- REST API – adding to our existing line of APIs with more options for integrating and automating the credential lifecycle.
- Simplifying identity enterprise management for Europe and the Middle East, adding certificate authority integration: EverTrust Horizon.
- Tools to ease the preparation of the full enforcement of Microsoft KB5014754, a method for user self-service certificate renewal and an export for strong certificate mapping.
- Thales and Versasec collaboration of IDPV virtual smart card orchestration. We introduced RFID user identification for loading each users IDPV virtual smart card. Workplaces with shared workstations will greatly benefit from “Tap, PIN, Go” user experience and increased security through PKI authentication.
About Versasec
The Versasec award-winning software is used by companies of all sizes to fulfill their ever-evolving cybersecurity strategies. Versasec provides the necessary orchestration to automate and manage the multiple Identity and Access Management (IAM) system, providing organizations a secure hub for their IAM solution providers: certificate authorities, user directories, HSM’s, credentials, and more. Versasec credential management system, vSEC:CMS, is available on-prem, and as a managed service through vSEC:CLOUD with premium support. Versasec supports the most number of credentials in the market, covering the latest modern authenticators and technologies such as PIV/PKI, FIDO, virtual, and physical credentials, as well as RFID for secure access control. Trusted by organizations and corporations worldwide, Versasec serves the public and private sectors in government, defense, manufacturing, healthcare, financial services, and more. Versasec is headquartered in Stockholm, Sweden.
vSEC:CMS
Our product suite provides all the software tools to administrate and manage credentials in a secure and convenient way.
Free Product Trial
Versasec provides enabling IT security products centered on the usage of security devices such as smart cards. Our solutions enable customers to securely authenticate, issue and manage user credentials more cost effectively. Get a free product trial.
Job Openings
We are always looking for new exceptional persons to join our team! Find out more about our job openings.
Versasec and Giesecke+Devrient Announce Partnership
FOR IMMEDIATE RELEASE
STOCKHOLM – June 15, 2023
Versasec and Giesecke+Devrient Announce Technology Partnership, Uniting Leading Authentication Solutions
Versasec, a global leader in identity and access management solutions, and Giesecke+Devrient (G+D), a global security technology group, are pleased to announce their strategic partnership. This exciting alliance brings together Versasec’s award winning credential management system with G+D’s StarSign® authentication solutions.
In an increasingly digital landscape, protecting physical and digital assets is more critical than ever before for any business. With sophisticated phishing and hacking methods targeting enterprises every day, it’s imperative to have robust solutions in place to safeguard the identities of employees and customers.
The partnership of Versasec and G+D empowers businesses to streamline their authentication processes, reduce operational costs, and bolster security against emerging threats by providing end-user clients more options for their authentication devices. With Versasec and G+D’s joint product offering, organizations can now enjoy a seamless and comprehensive solution that enhances their overall security posture, strengthens compliance, and elevates user experiences.
“We are thrilled to work closer with Giesecke+Devrient and combine our respective technologies,” said Joakim Thorén, CEO and Founder of Versasec. “This partnership reinforces our commitment to delivering best-in-class identity and access management solutions to our customers. By integrating our credential management system with G+D’s trusted authentication solutions, we are confident that we can address the evolving needs of organizations and provide them with a powerful, secure, and user-friendly authentication experience.”
“G+D has a passion for client-centric innovative security solutions that safeguard critical industrial sectors for over 170 years. This means not only offering the most impactful products for secure authentication, but also selecting the best delivery platforms and channels for the same. The partnership with Versasec in serving the identity market for safe, secure and frictionless authentication services exemplifies our commitment,” said Majid Fazeli, Enterprise Channel Sales Director at G+D. “We believe Versasec’s relentless pursuit of excellence in combination with G+D’s authentication products will serve the market well in the transition to standards-based, phishing-resistant authentication initiatives.”
About Giesecke+Devrient
Giesecke+Devrient (G+D) is a global leader in secure technologies, providing solutions for payment, connectivity, identities, and digital infrastructures. With over 160 years of expertise, G+D delivers innovative and trusted solutions that enable businesses and governments to securely manage and protect identities, transactions, and data.
About Versasec
The Versasec award-winning software is used by companies of all sizes to fulfill their ever-evolving cybersecurity strategies. Versasec provides the necessary orchestration to automate and manage the multiple Identity and Access Management (IAM) system, providing organizations a secure hub for their IAM solution providers: certificate authorities, user directories, HSM’s, credentials, and more. Versasec credential management system, vSEC:CMS, is available on-prem, and as a managed service through vSEC:CLOUD with premium support. Versasec supports the most number of credentials in the market, covering the latest modern authenticators and technologies such as PIV/PKI, FIDO, virtual, and physical credentials, as well as RFID for secure access control. Trusted by organizations and corporations worldwide, Versasec serves the public and private sectors in government, defense, manufacturing, healthcare, financial services, and more. Versasec is headquartered in Stockholm, Sweden.
PR Contacts
Versasec, Gabriela Peralta, +1 (855) 655-6281, info@versasec.com
G + D, Christoph Lang, +49 176 2023444, christoph.lang@gi-de.com
vSEC:CMS
Our product suite provides all the software tools to administrate and manage credentials in a secure and convenient way.
Free Product Trial
Versasec provides enabling IT security products centered on the usage of security devices such as smart cards. Our solutions enable customers to securely authenticate, issue and manage user credentials more cost effectively. Get a free product trial.
Job Openings
We are always looking for new exceptional persons to join our team! Find out more about our job openings.
Versasec and EVERTRUST Partnership
FOR IMMEDIATE RELEASE
STOCKHOLM – June 13, 2023
Versasec and EVERTRUST Partnership Simplifies Identity Enterprise Management for Europe and the Middle East
Versasec, credential manager provider, and EVERTRUST, PKI certificate authority, join technology efforts
Versasec, a worldwide leader in credential management, reveals a new technology partner, EVERTRUST, a Paris-based certificate authority, serving France, Switzerland and the Middle East. The strategic collaboration will allow customers to manage their EVERTRUST certificates from the Versasec credential management systems, enabling seamless enterprise credential management.
“We are glad to announce our partnership with EVERTRUST, a renowned certificate authority with a strong expertise in certificates and their management. This collaboration will simplify identity enterprise management for our customers in Europe and the Middle East, allowing them to seamlessly manage their EVERTRUST certificates from our credential management systems. Together, we aim to deliver game-changing solutions, ensuring secure authentication and helping organizations meet compliance requirements and industry standards,” stated William Houry, VP of Worldwide Sales at Versasec.
“Versasec brings well proven technology related smartcard management, easy to use and very performant, ” announced Alexandre Aufrere, CTO at EVERTRUST.
Both companies are eager to begin this partnership and are confident that it will bring game-changing solutions to the region. The collaboration will involve knowledge sharing, and leveraging each other’s strengths to deliver certificate-based authentication, to ensure that only authorized users can access protected resources. Finally, the integration helps organizations meet compliance requirements and industry standards related to authentication and data protection.
About EVERTRUST
EVERTRUST is a software vendor leader specializing in a key sector of cybersecurity: digital trust. More specifically on the management of the lifecycle of digital certificates. EVERTRUST’s mission is to provide operational, secure and high-performance solutions that make it possible to articulate IT security and control the lifecycle of digital certificates which are the basis of encryption on the internet and whose mismanagement is a source of interruption of service.
About Versasec
The Versasec award-winning software is used by companies of all sizes to fulfill their ever-evolving cybersecurity strategies. Versasec provides the necessary orchestration to automate and manage the multiple Identity and Access Management (IAM) system, providing organizations a secure hub for their IAM solution providers: certificate authorities, user directories, HSM’s, credentials, and more. Versasec credential management system, vSEC:CMS, is available on-prem, and as a managed service through vSEC:CLOUD with premium support. Versasec supports the most number of credentials in the market, covering the latest modern authenticators and technologies such as PIV/PKI, FIDO, virtual, and physical credentials, as well as RFID for secure access control. Trusted by organizations and corporations worldwide, Versasec serves the public and private sectors in government, defense, manufacturing, healthcare, financial services, and more. Versasec is headquartered in Stockholm, Sweden.
PR Contacts
Versasec, Gabriela Peralta, +1 (855) 655-6281, info@versasec.com
EVERTRUST, Wahiba HAMMAOUI +33 06 27 23 31 91, wha@evertrust.fr
vSEC:CMS
Our product suite provides all the software tools to administrate and manage credentials in a secure and convenient way.
Free Product Trial
Versasec provides enabling IT security products centered on the usage of security devices such as smart cards. Our solutions enable customers to securely authenticate, issue and manage user credentials more cost effectively. Get a free product trial.
Job Openings
We are always looking for new exceptional persons to join our team! Find out more about our job openings.
Industry Leaders Join Forces: Versasec Partners with certSIGN
FOR IMMEDIATE RELEASE
STOCKHOLM – May 4, 2023
Industry Leaders Join Forces: Versasec Credential Management Company Partners with Leading Cryptographic Solutions Provider certSIGN
Versasec, a leader in highly secure identity and access management software, announces new technology partnership with certSIGN, a major developer of cryptographic solutions in Europe, recognized at European level. Together, their joint solution brings a unique offering to deploy PKI-based MFA for government agencies and institutions.
New and existing customers are able to download an evaluation version of Versasec credential management version 6.7, which includes the certSIGN integration.
“We are thrilled to announce our partnership with certSIGN, a leading developer and provider of cryptographic solutions and trust services in Romania. With their proven expertise and recognition from government entities in Romania and beyond, our joint solution will provide a unique offering to deploy PKI-based MFA for government entities. Together, we are bringing the best of both worlds to offer a powerful and secure credential management solution,” stated William Houry, VP of Sales at Versasec.
In a world where it is common practice to rely on passwords, PKI-based MFA will provide significantly higher security levels for the most hacked access points in organizations, users and devices.
“Over the past years, certSIGN has managed to build a relevant position in the Romanian IT&C landscape and, based on the skills of the team and the PKI products developed by the company, has successfully accessed foreign markets, providing high quality solutions. The partnership with Versasec, the Swedish provider specialized in credential management software solutions, opens the way to provide complete turn key solutions that cover all smart cards and credentials lifecycle thanks to the integration of Versasec vSEC:CMS with certSIGN certification authority – certSAFE CA.” emphasized Nicolae Ghibu, Chief Commercial Officer at certSIGN.
The integrated solution provides a fully secured MFA, starting with issuing the digital credentials (digital certificates for electronic signature, data encryption and authentication to IT systems), insertion of the digital credentials into smart cards, issuing the smart cards to their end users, centralized and decentralized (self service) management of the credentials and smartcards during their life cycle, until the decommissioning of the smart cards and corresponding credentials.
About certSIGN
certSIGN, a major developer of cryptographic solutions in Europe, is a qualified trust service provider complying with the requirements of eIDAS Regulation. certSIGN develops PKI software for the management of digital certificates, data encryption and creation of electronic signatures, including cloud electronic signatures. certSIGN also runs projects in the field of digital identity, trust services and cyber security in over 20 countries.
Follow certSIGN on LinkedIn, Twitter, and Facebook or keep in touch with the latest achievements on www.certsign.ro.
About Versasec
The Versasec award-winning software is used by companies of all sizes to fulfill their ever-evolving cybersecurity strategies. Versasec provides the necessary orchestration to automate and manage the multiple Identity and Access Management (IAM) system, providing organizations a secure hub for their IAM solution providers: certificate authorities, user directories, HSM’s, credentials, and more. Versasec credential management system, vSEC:CMS, is available on-prem, and as a managed service through vSEC:CLOUD with premium support. Versasec supports the most number of credentials in the market, covering the latest modern authenticators and technologies such as PIV/PKI, FIDO, virtual, and physical credentials, as well as RFID for secure access control. Trusted by organizations and corporations worldwide, Versasec serves the public and private sectors in government, defense, manufacturing, healthcare, financial services, and more. Versasec is headquartered in Stockholm, Sweden.
PR Contacts
Versasec, Gabriela Peralta, +1 (855) 655-6281, info@versasec.com
certSIGN, Irina Grecu, irina.grecu@certsign.ro
vSEC:CMS
Our product suite provides all the software tools to administrate and manage credentials in a secure and convenient way.
Free Product Trial
Versasec provides enabling IT security products centered on the usage of security devices such as smart cards. Our solutions enable customers to securely authenticate, issue and manage user credentials more cost effectively. Get a free product trial.
Job Openings
We are always looking for new exceptional persons to join our team! Find out more about our job openings.
Versasec Releases vSEC:CMS Version 6.7
FOR IMMEDIATE RELEASE
STOCKHOLM – March 30, 2023
Versasec Releases vSEC:CMS Version 6.7
Versasec Expands Support for Large-Scale Deployments and the Passwordless Journey
Versasec releases credential management system vSEC:CMS version 6.7, supporting large smart card deployments, the passwordless journey, and an improved user experience. Each Versasec version release delivers strategic integrations and technology innovations for business savings and effortless credential management.
“At Versasec, we pride ourselves on being innovative in the identity and access management space. Our latest release version 6.7 of vSEC:CMS represents another step of dedication to constantly improve our product to ease the deployment of passwordless and phishing-resistant MFA,” stated Joakim Thorén, founder and CEO of Versasec. “By staying ahead of the curve, we are able to provide our customers with the most advanced and secure identity and access management solutions available. We are excited to continue driving innovation in this space and delivering the best possible solutions to our customers.”
Versasec’s award-winning software empowers businesses to adopt security credentials with PKI/PIV, FIDO2, and RFID, activate cryptographic operations (digital signature, remote access, encryption) and reach a Zero Trust model. New and existing customers are now able to download vSEC:CMS 6.7 evaluation version.
Versasec is expanding its list of supported smart card printers with the addition of Matica EDIsecure. This integration enables organizations to print high-quality graphics onto smart cards, and facilitates large deployments while taking advantage of other integrations available through Versasec.
Version 6.7 also features the ability to set PINs for FIDO during issuance. Without Versasec credential management, organizational leaders are not able to enforce PINs are set, leaving the user to individually manage their own credential. When left without a PIN, the user becomes at risk of account takeover, presenting a risk for the entire organization.
The new version includes additional technology enhancements, updates, and automated tasks, including:
- Managed certificates now have a dedicated repository for all transactions, including certificate issuance and revocation. Dedicated repository for managed certificates will facilitate traceability, and reporting.
- Continuing towards the passwordless journey, Azure AD TAP functionality has been expanded. Now, admins are able to create TAP and distribute it on-demand, not just during credential issuance. Allowing TAP to be generated and delivered to already-in-use credentials.
- General performance improvements including application start up, credential information loading, and more.
- Added support for Thales SafeNet IDPrime 3930 FIDO. The SafeNet IDPrime 3930 is a dual FIDO-PKI device designed for combined FIDO-PKI-based use cases.
- Enhanced user experience in the Admin application. Implementation includes a quick switch from Smart Card Repository to Managed Certificates Repository.
About Versasec
The Versasec award-winning software is used by companies of all sizes to fulfill their ever-evolving cybersecurity strategies. Versasec provides the necessary orchestration to automate and manage the multiple Identity and Access Management (IAM) system, providing organizations a secure hub for their IAM solution providers: certificate authorities, user directories, HSM’s, credentials, and more. Versasec credential management system, vSEC:CMS, is available on-prem, and as a managed service through vSEC:CLOUD with premium support. Versasec supports the most number of credentials in the market, covering the latest modern authenticators and technologies such as PIV/PKI, FIDO, virtual, and physical credentials, as well as RFID for secure access control. Trusted by organizations and corporations worldwide, Versasec serves the public and private sectors in government, defense, manufacturing, healthcare, financial services, and more. Versasec is headquartered in Stockholm, Sweden.
vSEC:CMS
Our product suite provides all the software tools to administrate and manage credentials in a secure and convenient way.
Free Product Trial
Versasec provides enabling IT security products centered on the usage of security devices such as smart cards. Our solutions enable customers to securely authenticate, issue and manage user credentials more cost effectively. Get a free product trial.
Job Openings
We are always looking for new exceptional persons to join our team! Find out more about our job openings.
Versasec and Sektor Group partner to address granular level identity security across Australia and New Zealand
FOR IMMEDIATE RELEASE
STOCKHOLM- Feb 23, 2023
Versasec and Sektor Group partner to address granular level identity security across Australia and New Zealand
Cybersecurity leaders establish partnership to meet evolving business battle-ground needs
Versasec announces partnership with Sektor Group, to address security in identity at the granular level, in the APAC region, with a focus on Australia and New Zealand. Versasec’s credential management system, will be distributed through Sektor Group’s partner channel to accelerate the adoption of Identity and Access Management solutions.
“In the last few years, we’ve seen the primary attack surface in our region move well beyond the traditional perimeter.” According to David Long, General Manager Sektor Cyber and Duo, “It’s no longer feasible to secure a network alone; organisations
need to be working at a much more granular level and the identity is quickly becoming the new battle-ground. Versasec’s ability to facilitate and accelerate the adoption of Identity and Access Management solutions made it a clear decision for us to partner with them across the APAC region.”
Contact Sektor Group for a Versasec credential management demo: sales@sektor.com.au, sales@duo.co.nz.
Versasec’s award-winning software has empowered businesses around the world to adopt multi-factor authentication, certificate-based authentication, and reach a Zero Trust model. Versasec customers remain on top of the latest cybersecurity technologies and best practices for identity management, ahead of cyber criminals in an ever-evolving cyber world.
During the pandemic, Australia saw the highest number of attacks and severity. According to research by Imperva, businesses rushed response with digital transformation created further vulnerabilities. Sektor Group is quickly responding through its 13 years of built reputation and 220 reseller partnerships across 13 cities, five in Australia.
Through their established channel, Sektor Group, delivers innovative and efficient information security, among other technologies. The trusted leader engages in constant research of industry and technology trends. Focused on building trusted vendor relationships, they ensure partners have the latest to serve customers and deliver the best technology.
“After over a decade of successful operations in the ANZ market, Sektor has established a comprehensive understanding of the unique cybersecurity needs of its customers. As a result, Versasec is thrilled to partner with Sektor to deliver vSEC:CMS to companies of all sizes throughout the APAC region. With Sektor’s deep expertise in the market and Versasec’s cutting-edge cybersecurity solutions, we look forward to helping businesses protect their sensitive information and secure their data against potential threats,” announced William Houry, VP of Sales at Versasec.
About Sektor Group
Sektor specialises in delivering innovative and efficient technologies for the retail, networking, information security, physical security, healthcare, ergonomics and mobility markets. Their passionate, dedicated and deeply knowledgeable team is second to none, offering unparalleled industry and technology expertise to help their partners build winning solutions for their customers.
PR Contacts
Gabriela Peralta, +1 (855) 655-6281, info@versasec.com
Sektor Group, sales@sektor.com.au, sales@duo.co.nz
About Versasec
The Versasec award-winning software is used by companies of all sizes to fulfill their ever-evolving cybersecurity strategies. Versasec provides the necessary orchestration to automate and manage the multiple Identity and Access Management (IAM) system, providing organizations a secure hub for their IAM solution providers: certificate authorities, user directories, HSM’s, credentials, and more. Versasec credential management system, vSEC:CMS, is available on-prem, and as a managed service through vSEC:CLOUD with premium support. Versasec supports the most number of credentials in the market, covering the latest modern authenticators and technologies such as PIV/PKI, FIDO, virtual, and physical credentials, as well as RFID for secure access control. Trusted by organizations and corporations worldwide, Versasec serves the public and private sectors in government, defense, manufacturing, healthcare, financial services, and more. Versasec is headquartered in Stockholm, Sweden.
Media Attachments
vSEC:CMS
Our product suite provides all the software tools to administrate and manage credentials in a secure and convenient way.
Free Product Trial
Versasec provides enabling IT security products centered on the usage of security devices such as smart cards. Our solutions enable customers to securely authenticate, issue and manage user credentials more cost effectively. Get a free product trial.
Job Openings
We are always looking for new exceptional persons to join our team! Find out more about our job openings.
Versasec Joins Microsoft Intelligent Security Association (MISA)
FOR IMMEDIATE RELEASE
STOCKHOLM – Feb 15, 2023
Versasec Joins Microsoft Intelligent Security Association
Versasec, a global leader in credential management, is proud to announce its membership in the Microsoft Intelligent Security Association (MISA), a global ecosystem of independent software vendors and managed security services providers. MISA members have integrated their products and services with Microsoft’s to better defend against a world of increasing threats. By joining MISA, Versasec looks to advance global collaboration in multi-factor credential management and expand the Versasec integration portfolio in close proximity to Microsoft and partners.
“I am very excited about joining MISA. Microsoft not only supplies the world with robust and secure enterprise digital platforms, but also encourages and empowers the development of the whole cyber security ecosystem,” said Joakim Thorén, Versasec founder and CEO.
Versasec orchestrates multi-factor authentication (MFA) credentials with Microsoft Azure Active Directory (Azure AD), part of Microsoft Entra. The solution allows organizations to quickly deploy an Azure AD integrated identity and access management solution, on-prem or in the cloud, increasing usability and protection against phishing and man-in-the-middle (MIM) attacks. With Versasec credential orchestration, organizations can be up and running in just hours, ready to issue MFA credentials (smart cards, USB tokens, VSC and WHfB), integrating all the necessary elements, from directories, PKIs, HSMs, printers and more. The Versasec integration with Azure AD and Microsoft Active Directory simplifies the connection to user data to perform credential lifecycle management tasks, for both, on-prem and cloud-based systems. For self-service tasks, Versasec connects to Azure AD for user identity verification. Versasec ensures the credential is always in the required state, managed in accordance with internal security policy, and that all systems are aware of its state.
Versasec managed credentials can be used for numerous use cases, including Azure AD certificate based authentication, considered one of the highest levels of secure authentication. Our mutual customers enjoy the best possible protection against account phishing. Organizations will drastically increase their protection against phishing and MIM attacks while improving usability.
“Customers need to be confident that their sensitive data, employees’ identities, applications, infrastructure, and endpoints are always secure. We’ve invested in the Microsoft Intelligent Security Association to provide customers with more options that meet their unique security requirements,” stated Maria Thomson, Microsoft Intelligent Security Association Lead.
Versasec is a long-time Microsoft partner, delivering product integrations with Microsoft Active Directory, Azure AD, Microsoft ADCS, Microsoft SQL Server, Azure SQL, and Windows Hello for Business. The integrations streamline automation and orchestration for an optimal credential lifecycle management.
PR Contacts
Gabriela Peralta, +1 (855) 655-6281, info@versasec.com
About Versasec
The Versasec award-winning software is used by companies of all sizes to fulfill their ever-evolving cybersecurity strategies. Versasec provides the necessary orchestration to automate and manage the multiple Identity and Access Management (IAM) system, providing organizations a secure hub for their IAM solution providers: certificate authorities, user directories, HSM’s, credentials, and more. Versasec credential management system, vSEC:CMS, is available on-prem, and as a managed service through vSEC:CLOUD with premium support. Versasec supports the most number of credentials in the market, covering the latest modern authenticators and technologies such as PIV/PKI, FIDO, virtual, and physical credentials, as well as RFID for secure access control. Trusted by organizations and corporations worldwide, Versasec serves the public and private sectors in government, defense, manufacturing, healthcare, financial services, and more. Versasec is headquartered in Stockholm, Sweden.
vSEC:CMS
Our product suite provides all the software tools to administrate and manage credentials in a secure and convenient way.
Free Product Trial
Versasec provides enabling IT security products centered on the usage of security devices such as smart cards. Our solutions enable customers to securely authenticate, issue and manage user credentials more cost effectively. Get a free product trial.
Job Openings
We are always looking for new exceptional persons to join our team! Find out more about our job openings.
Versasec Brandvakt partnership to deliver credential management
FOR IMMEDIATE RELEASE
Luanda, Angola – Feb. 9, 2023
Versasec Brandvakt partnership to deliver credential management as a differentiator in West Africa and Brazil
Versasec, the market leader in credential management systems, will be included in the solutions showcased in Brandvakt’s consulting and advisory services, across its operational offices in Angola, D.R. Congo, Ivory Coast, Benin, Mali, and Brazil. Brandvakt believes with Versasec, businesses can make security a differentiator.
Contact Brandvakt for a Versasec credential management product demo.
Brandvakt services focus on the essentials of cybersecurity, providing practical and functional consulting that addresses evaluating and improving the security posture, as well as being consistent with governance compliance and internal company policy.
“We are delighted to join Brandvakt’s mission in the West Africa and South America regions where we see a very important potential for growth. African leaders are facing unprecedented numbers of cyberattacks, businesses and operations are being disrupted, and turning to companies like Brandvakt for consulting and advisory services. Their impact is extensive, and we are excited to provide credential management capabilities for multi-factor and passwordless authentication across different organizations and industries,” stated William Houry, VP of Worldwide Sales.
“By combining in-depth Identity & Access Management experience from high value target industries such as finance and telco, and joining forces with innovative best of breed solution vendors such as Versasec – Brandvakt can ensure our customers physical and digital security posture and make security a business differentiator” said Luiz Coutinho, EVP of Global Sales at Brandvakt.
About Brandvakt
Brandvakt offers consulting and advisory services that address the essentials of cybersecurity. We offer risk advisory services to help and guide our clients to an improved security posture, ensure regulatory compliance and to evaluate and improve on existing security governance. We help enterprises architect, implement, manage and progress their cybersecurity capabilities to ensure business continuity and to protect critical functions. The word Brandvakt derives from old city guards, the fire watch, sentinels ensuring there are no fires and problems happening. Our practitioners are therefore the true Brandvakts of our company that we offer to your organization.
About Versasec
The Versasec award-winning software is used by companies of all sizes to fulfill their ever-evolving cybersecurity strategies. Versasec provides the necessary orchestration to automate and manage the multiple Identity and Access Management (IAM) system, providing organizations a secure hub for their IAM solution providers: certificate authorities, user directories, HSM’s, credentials, and more. Versasec credential management system, vSEC:CMS, is available on-prem, and as a managed service through vSEC:CLOUD with premium support. Versasec supports the most number of credentials in the market, covering the latest modern authenticators and technologies such as PIV/PKI, FIDO, virtual, and physical credentials, as well as RFID for secure access control. Trusted by organizations and corporations worldwide, Versasec serves the public and private sectors in government, defense, manufacturing, healthcare, financial services, and more. Versasec is headquartered in Stockholm, Sweden.
vSEC:CMS
Our product suite provides all the software tools to administrate and manage credentials in a secure and convenient way.
Free Product Trial
Versasec provides enabling IT security products centered on the usage of security devices such as smart cards. Our solutions enable customers to securely authenticate, issue and manage user credentials more cost effectively. Get a free product trial.
Job Openings
We are always looking for new exceptional persons to join our team! Find out more about our job openings.
Press Release: Versasec supports FIDO2 credentials in Azure AD
FOR IMMEDIATE RELEASE
STOCKHOLM – Jan. 31, 2022
Versasec expands their identity orchestration to support FIDO2 credentials in Azure AD
Versasec Azure AD TAP integration enables enrollment of passwordless authentication methods with centralized credential management benefits.
Versasec’s new product version vSEC:CMS 6.6 expands its Microsoft Azure AD integration bringing businesses greater control and simpler deployment of FIDO. Businesses can now issue Temporary Access Pass (TAP) from Versasec credential management systems and enjoy audit trails, distribution, delegation of duties, and automation of tasks.
Versasec’s award-winning software has empowered businesses to adopt security credentials with PKI/PIV, FIDO2, and RFID, activate cryptographic operations (digital signature, remote access, encryption) and reach a Zero Trust model. Each Versasec version release delivers strategic integrations and technology innovations for business savings and effortless credential management.
“Versasec’s promise of delivering the highest level of security to businesses, regardless of size, credential type or deployment model, now extends to include FIDO in Azure AD,” stated Joakim Thorén, founder and CEO of Versasec. “By integrating TAP issuance to the lifecycle processes of the credential, organizations receive all the benefits of a credential management system as including delegation of duties, audit trails, operator and self service. The management of workforce user credentials for Azure AD authentication with FIDO and CBA is now possible in the cloud and on-prem.”
The new integration allows businesses to add TAP to their credential issuance process, enhancing the user experience and improving security. Businesses can now generate and distribute AAD TAP for their employees from the familiar and enterprise-purposed Versasec credential management system (see image above). At its core, TAP allows employees to authenticate directly to AAD and onboard passwordless authentication methods, such as FIDO.
Version 6.6 features additional technology enhancements, updates, and automated tasks, including:
- New Certificate Authority integration: certSIGN’s certSAFE Certificate Authority. User credentials can now be issued from vSEC:CMS and vSEC:CLOUD with certificates from certSAFE CA.
- Navigation and user interface improvements for Admin and Agent applications.
- Added “credential update view” to the lightweight administrator application, vSEC:CMS Agent. Admins, who prefer the agent application, can now update user credentials without revoking and re-issuing, saving time and resources.
- Expanded supported credential list. Now, HID Crescendo 144K Smart Card can be configured and managed through vSEC:CMS and vSEC:CLOUD.
About Versasec
The Versasec award-winning software is used by companies of all sizes to fulfill their ever-evolving cybersecurity strategies. Versasec provides the necessary orchestration to automate and manage the multiple Identity and Access Management (IAM) system, providing organizations a secure hub for their IAM solution providers: certificate authorities, user directories, HSM’s, credentials, and more. Versasec credential management system, vSEC:CMS, is available on-prem, and as a managed service through vSEC:CLOUD with premium support. Versasec supports the most number of credentials in the market, covering the latest modern authenticators and technologies such as PIV/PKI, FIDO, virtual, and physical credentials, as well as RFID for secure access control. Trusted by organizations and corporations worldwide, Versasec serves the public and private sectors in government, defense, manufacturing, healthcare, financial services, and more. Versasec is headquartered in Stockholm, Sweden.
vSEC:CMS
Our product suite provides all the software tools to administrate and manage credentials in a secure and convenient way.
Free Product Trial
Versasec provides enabling IT security products centered on the usage of security devices such as smart cards. Our solutions enable customers to securely authenticate, issue and manage user credentials more cost effectively. Get a free product trial.
Job Openings
We are always looking for new exceptional persons to join our team! Find out more about our job openings.
