Korea's Largest Bank Deploys 5,000 Aladdin eToken Authentication Devices
07 Octobre 2008 - 12:30PM
Marketwired
Aladdin Knowledge Systems (NASDAQ: ALDN), an information security
leader specializing in authentication, software DRM and content
security, today announced that KB Bank, Korea's largest private
bank, has chosen the Aladdin eToken strong authentication solution
to provide secure internal authentication. Preventing fraud by
verifying customers' identities through PKI authentication, KB Bank
will initially deploy 5,000 Aladdin eToken devices internally (see
photo), and projects that another 25,000 will be deployed to
customers throughout 2009. Certified by the Korea Information
Security Agency (KISA), Aladdin eToken complies with the most
stringent security standards for online banking.
With more than 1,000 branches and 30,000 employees, KB Bank is
ranked one of the top 50 global companies, and has won numerous
awards, including "Best Retail Bank" by The Asian Banker. KB bank
will deploy Aladdin eToken PRO Java to employees to create a secure
environment for financial transactions through strong, two factor
authentication.
"As the financial industry moves toward universal, complex and
global banking, Aladdin eToken provides KB Bank the means to
minimize risk and explore new opportunities in secure mobile
banking," said KB Bank. "Using eToken PRO's proven PKI
infrastructure, employees and customers gain the highest level of
security, accessing secure data and conducting online transactions
with the assurance that their identity and finances are safe from
Web attacks or theft."
"Aladdin eToken continues to be a consistently strong performer
for the banking and the financial industry worldwide," said Shlomi
Yanai, vice president of the Aladdin eToken Business Unit at
Aladdin Knowledge Systems. "KB Bank's choice of Aladdin eToken
reinforces not only Aladdin's leadership in the financial market,
but also Aladdin's fast-growing presence in the Asia Pacific
region."
About KB Bank
KB Bank, formerly Kookmin Bank, is the largest private bank in
Korea, striving to be a leading financial institution by expanding
its business into Asian markets. Its 30,000 employees serve
thousands of customers on four continents. It aspires to remain a
global standard based on traditional banking fundamentals and
continuously enhancing its banking capabilities to meet the needs
of its diverse customers. Visit www.kbstar.com.
About Aladdin eToken
Aladdin eToken is the world leader for USB-based authentication
solutions. eToken provides strong user authentication and
cost-effective password management solutions, enabling secure
network access, improved data security through enhanced encryption
and digital signing, as well as compliance with a wide range of
regulatory requirements worldwide. Visit
www.Aladdin.com/eToken.
About Aladdin
Aladdin Knowledge Systems (NASDAQ: ALDN) is an information
security leader with offices in 12 countries, a worldwide network
of channel partners, and numerous awards for innovation. Aladdin
eToken is the world's #1 USB-based authentication solution,
offering identity and access management tools that protect
sensitive data. Aladdin HASP SRM boosts growth for software
developers and publishers through strong anti-piracy protection, IP
protection, and secure licensing and product activation. Aladdin
eSafe delivers real-time intelligent Web gateway security that
helps protect data and networks, improve productivity, and enable
compliance. Visit www.Aladdin.com.
�2008 Aladdin Knowledge Systems, Ltd. All rights reserved.
eToken, Aladdin Knowledge Systems and the Aladdin logo are
trademarks or registered trademarks of Aladdin Knowledge Systems,
Ltd. All other product and brand names mentioned in this document
are trademarks or registered trademarks of their respective
owners.
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Press Contact: Matthew Zintel Zintel Public Relations
matthew.zintel@zintelpr.com 310.574.8888 Investor Relations
Contact: Debbie Kaye Corporate Communications Manager
debbie.kaye@aladdin.com 646.468.0481
Aladdin Knowledge Systems Ltd (MM) (NASDAQ:ALDN)
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