Profile: VASCO Data Security International Inc (VDSI.O)

VDSI.O on Consolidated Issue listed on NASDAQ Capital Market

19 Dec 2014
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VASCO Data Security International, Inc. (VASCO), incorporated in 1997, through its operating subsidiaries, design, develop, market and support hardware and software security systems that manage and secure access to information assets. Those security systems include user authentication and public key infrastructure (PKI) products and services for employee and consumer security, e-business and e-commerce. The Company operates in two segments: authentication products and services. The target markets of the Company are banking and financial services market and the enterprise and application security market. On January 10, 2011, the Company acquired DigiNotar Holding B.V. and its subsidiaries and acquired 100% interest in DigiNotar B.V. and DigiNotar Notariaat B.V. (collectively, DigiNotar). In April 2011, the Company acquired Alfa & Ariss B.V. On September 20, 2011, its subsidiary, DigiNotar B.V., filed a voluntary bankruptcy petition. In May 2013, the Company acquired Cronto, of Cambridge.

The Company’s event and time-based system generates one-time passwords that change with every use and electronic and digital signatures that protect transactions. The Company offers its products in one of two models, a sales/license model or a services model.

VACMAN Product Line

The VACMAN product line incorporates a range of strong authentication utilities and solutions designed to allow organizations to add DIGIPASS strong authentication into their existing networks and applications. VACMAN includes all four authentication technologies (passwords, dynamic password technologies, certificates and biometrics) and allows its customers to use any combination of those technologies simultaneously. VACMAN is natively embedded in or compatible with the solutions of over 100 VASCO solution partners. VACMAN allows the user the freedom to provide secure remote access to virtually any type of application. VACMAN is a library requiring only a few days to implement in systems and supports all DIGIPASS functionality. Once linked to an application, VACMAN automatically handles login requests from any users authorized to have a DIGIPASS.


IDENTIKEY Server is an off-the-shelf centralized authentication server that supports the deployment, use and administration of DIGIPASS strong user authentication. IDENTIKEY is based on VASCO’s core VACMAN technology. IDENTIKEY is available in four packaged versions for the use of the Enterprise and Application Security market and can be easily upgraded. The Standard Edition includes Remote Authentication Dial In User Service (RADIUS) functionality for a single licensed server. It targets small and medium-sized business (SMB’s) wanting to secure their remote access infrastructure at the lowest total cost of ownership.

The Gold Edition offers Web filters to secure Outlook Web Access (OWA) and Citrix Web Interface (CWI), additional to the RADIUS support. This version includes licenses for a primary and a back-up server. The Platinum Edition addresses the security needs of companies that want to protect the external access to the corporate network, as well as Windows desktop and network logon. The Enterprise Edition is a solution, which offers RADIUS for remote access to the corporate network; Web filter support for access to in-house applications (OWA, CWI); Simple Object Access Protocol (SOAP) for protection of Internet-based business applications (portals, extranet, e-commerce Websites, partner services), and licenses for up to seven servers.

aXs GUARD Product Line

The Company offers two types of aXs GUARD appliances: aXs GUARD Identifier and aXs GUARD Gatekeeper. aXs GUARD Identifier is a standalone authentication solution that offers strong two-factor authentication for remote access to a corporate network or to Web-based, in-house business applications. It comes in a standard 19 inch rack with a mountable slim fit design. It features a Web-based administration interface, as well as an auditing and reporting console.

aXs GUARD Gatekeeper consists of a range of dedicated appliances that brings strong user authentication and secure Internet communications to the enterprise through a choice of multiple software modules. aXs GUARD Gatekeeper integrates DIGIPASS to provide secure two factor user authentication. It is a standalone modular communications solution providing intrusion, Website and virus protection; remote connection through virtual path number (VPNs) and a reporting and monitoring console, among other things.

DIGIPASS Product Line

DIGIPASS product line, which exists as a family of software and hardware client authentication products and services, provides a flexible and affordable means of authenticating users to any network, including the Internet. DIGIPASSES calculate dynamic signatures and passwords, also known as one-time passwords, to authenticate users on a computer network and for a variety of other applications. There are over 50 models of the DIGIPASS, each of which has its own distinct characteristics depending on the platform that it uses and the functions it performs. However, the DIGIPASS family is designed to work together and customers can switch their users’ devices without requiring any changes to the customers’ existing infrastructure. In addition, these devices can be used to calculate digital signatures, also known as electronic signatures or message authentication codes, to protect electronic transactions and the integrity of the contents of such transactions.

DIGIPASS technology is designed to operate on non-VASCO platforms, such as a desktop personal computer (PC) or laptop. DIGIPASS technology is also available for personal digital assistants (PDA), mobile phones and smart cards. For users of mobile phones, the virtual DIGIPASS generates one-time passwords that are sent to the mobile telephone user by SMS (Short Messaging System). Other technologies, such as paper based authentication (TAN lists) and PKI-enabled products are created in the DIGIPASS family, always based on the same back-end VACMAN core technology.

The DIGIPASS technology is also available in a Web browser based version. DIGIPASS for Web is the ideal product to replace a password-based security or paper-based authentication system with a security system using strong authentication, to achieve a higher security level. DIGIPASS for Web supports user authentication, transaction signing and document signing. No software installation is required on the end user’s PC. The Company’s core authentication product, VACMAN, supports all existing authentication technologies, products and services on one platform.

The Company competes with RSA Security, Gemalto, Kobil Systems, SafeNet, Symantec and Entrust

Company Address

VASCO Data Security International Inc

P: +1630.9328844
F: +1302.6555049

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