Vasco Data Security Inc. today announced its Digipass as a Service (DaaS) authentication model. Digipass as a Service is the newest service solution added to Vasco’s existing end-to-end authentication product suite. DaaS ought to go beyond simple Authentication as a Service with a complete platform that incorporates the user, the enterprise and e-commerce. As such, DaaS offers on demand identity and transaction security.
Many service providers are challenged with the costs associated with adding strong authentication. In addition, some providers have barriers to implement customer security due to a low frequency of user, nominal transaction values, or lack of resources required to distribute hardware and/or software to the end user. DaaS will be offered to such customers.
Digipass as a Service is offered to allow customers to secure a multitude of enterprise and end-user applications with one Digipass. Companies are securing access to their webmail, network, ERP, and CRM systems with one Digipass. The DaaS authentication service is building on this existing model and providing a platform where consumers can access their online bank, buy tickets over the Internet, play games, and access his/her social network account with one Digipass.
For end users, password management is often a nightmare. They have different passwords for their bank, their social network account, their credit cards, and their webmail. DaaS ought to enable a user to have access to countless applications with only one Digipass.
Digipass as a Service (DaaS) also ought to provide an opportunity for additional services to end users, potential source of revenue and cross marketing with leading global providers.
Benefits of Vasco’s DaaS for application owners and companies:
- lower Total Cost of Ownership (TCO)
- ease of distribution and fulfillment
- shared back office costs
- Time to Market
- protection against lost revenue due to account sharing
Jan Valcke, Vasco’s President & COO: “We believe that the combination of Vasco’s DaaS with our existing end-to-end authentication solutions is bringing any existing online application into the reach of Vasco’s market leading Digipass authentication.” (Source: Vasco Data Security International, Inc./GST)