CHICAGO, April 27, 2018 (GLOBE NEWSWIRE) -- VASCO® Data Security International, Inc. (NASDAQ:VDSI), a global leader in digital solutions including identity, security and business productivity, announced today plans to launch a new initiative to help protect consumers and businesses from the increase in phishing attacks related to digital transactions and electronic document signing.
A leading analyst firm positions VASCO’s eSignLive as the third most popular e-signature solution in the rapidly growing segment. Additionally, VASCO’s e-signature business grew more than fifty percent last year. With the rise in e-signature adoption comes the added risk of phishing attacks. Leveraging its extensive history in transaction security and authentication, VASCO is protecting consumers and businesses by mitigating transaction risk factors through elements of the new initiative, which include:
- Enabling customers to white-label their e-signature solution. This allows end-users to rely on their familiarity with their service provider and reduces the risk of social engineering attacks and phishing emails;
- Launching a business education program with best practices to ensure that organizations using eSignLive are properly securing e-signature transactions; and
- Offering organizations and end-users resources to help identify high-risk transaction scenarios that could damage a company’s brand and reputation.
“The remarkable efficiencies of going paperless and digitizing traditional manual processes are helping evolve the e-signature market rapidly while introducing new challenges,” said VASCO CEO, Scott Clements. “The just-released Human Factor cybersecurity report from Proofpoint underscores this and noted that e-signature phishing email click rates were number one among email attacks targeting login credentials. Coming from a history in software security, we understand the importance of helping businesses implement e-signatures without exposing end users to increased risk.”
VASCO® is a global leader in delivering trust and business productivity solutions to the digital market. VASCO develops next generation technologies that enable more than 10,000 customers in 100 countries in financial, enterprise, government, health care and other segments to achieve their digital agenda, deliver an enhanced customer experience and meet regulatory requirements. More than half of the top 100 global banks rely on VASCO solutions to protect their online, mobile and ATM channels. VASCO’s solutions combine to form a powerful trust platform that empowers businesses by incorporating identity, fraud prevention, electronic signatures, mobile application protection and risk analysis. Learn more about VASCO at VASCO.com and on Twitter, LinkedIn and Facebook.
Copyright© 2018 VASCO Data Security, Inc., VASCO Data Security International GmbH. All rights reserved. VASCO® and eSignLive™ are registered or unregistered trademarks of VASCO Data Security, Inc. and/or VASCO Data Security International GmbH, or Silanis Technology Inc. in the U.S. and other countries. All other trademarks or trade names are the property of their respective owners.
Director of Global Corporate Communications
Media Relations Manager, North America