Welcome!

News Feed Item

Banco Ganadero Deploys SwissBytes Virtual Box With YubiKey to Secure Online Banking Services

PALO ALTO, CA -- (Marketwired) -- 01/20/14 -- Yubico, the leading provider of simple, open online identity protection, and SwissBytes, an international provider of security technology and consulting services, today announced that Bolivia-based Banco Ganadero has successfully implemented and deployed SwissBytes Virtual Box (SB-VBOX) with integrated YubiKey second-factor authentication to secure online banking services for its customers.

Founded in 1994, Banco Ganadero has become one of the largest banks in Bolivia and needed an easy-to-use and highly effective solution to secure their home banking portal 'GanaNet'. Banco Ganadero looked to SwissBytes to address this need, while keeping the security of its customers' accounts and data at utmost importance.

SwissBytes and Yubico worked together to develop a unique solution for GanaNet. SB-VBOX consists of two components, the authentication service and a web application called the 'YubiKey Control Center'.

Yubico's YubiKey is an innovative USB security key that complements the traditional username and password of online services. With just the touch of a button, the YubiKey generates a one-time password as a second form of authentication, all with no client software needed. Increasing ease of use, SB-VBOX with YubiKey authentication can be installed on any operating system or be deployed as a Virtual Machine.

"Financial transactions and banking are one of the top targets for online criminals and one simple stolen password can wreak havoc on one's online identity," said Stina Ehrensvard, CEO, Yubico. "We are pleased to partner with SwissBytes, providing Banco Ganadero customers simple, strong two-factor authentication and protection of their online accounts."

Since implementation, GanaNet users have a secure and fast way to access their accounts with the YubiKey from any computer. In the near future the customers will have the ability to log on to their online accounts from mobile devices across popular operating systems such as iOS, Android and BlackBerry.

"Banco Ganadero chose SB-VBOX with YubiKey authentication because it's such a highly effective and easy-to-use solution to secure their home banking services," said Marius Lang, CEO, SwissBytes. "As a result, multiple other banks are currently reviewing the SB-VBOX solution for their online banking security."

With SwissBytes and Yubico, banking and financial institutions have the possibility to add high security to their online services in a fast and affordable way. For more information, please visit www.yubico.com or www.swissbytes.ch.

About Yubico
Yubico is the leading provider of simple, open online identity protection. The company's flagship product, the YubiKey®, uniquely combines driverless USB and NFC authentication hardware with open source software. More than a million users in 100 countries rely on the YubiKey for securing access to networks, computers and online services. Customers range from individual Internet users to e-governments and Fortune 100 companies. For more information, please visit yubico.com.

About SwissBytes
SwissBytes is an innovative company that offers high quality, but low cost offshore development. We provide solutions that increase the efficiency of business processes as "Secure Authentication with SB-VBOX and YubiKey".

We have offices in Zurich - Switzerland and in Santa Cruz - Bolivia where we work with Swiss and Bolivian engineers. This combination of high expertise and low expenses enables us to offer Swiss and international markets first class software development service at very reasonable prices. For more information, visit swissbytes.ch

Add to Digg Bookmark with del.icio.us Add to Newsvine

Media Contacts

Ronnie Manning
Yubico PR
619.822.2239
Email Contact

Ruben Lopez
SwissBytes
Head of Marketing and Sales
(+591)3 357 5052
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Big Data, cloud, analytics, contextual information, wearable tech, sensors, mobility, and WebRTC: together, these advances have created a perfect storm of technologies that are disrupting and transforming classic communications models and ecosystems. In his session at @ThingsExpo, Erik Perotti, Senior Manager of New Ventures on Plantronics’ Innovation team, provided an overview of this technological shift, including associated business and consumer communications impacts, and opportunities it m...
Manufacturers are embracing the Industrial Internet the same way consumers are leveraging Fitbits – to improve overall health and wellness. Both can provide consistent measurement, visibility, and suggest performance improvements customized to help reach goals. Fitbit users can view real-time data and make adjustments to increase their activity. In his session at @ThingsExpo, Mark Bernardo Professional Services Leader, Americas, at GE Digital, discussed how leveraging the Industrial Internet and...
There will be new vendors providing applications, middleware, and connected devices to support the thriving IoT ecosystem. This essentially means that electronic device manufacturers will also be in the software business. Many will be new to building embedded software or robust software. This creates an increased importance on software quality, particularly within the Industrial Internet of Things where business-critical applications are becoming dependent on products controlled by software. Qua...
Fact is, enterprises have significant legacy voice infrastructure that’s costly to replace with pure IP solutions. How can we bring this analog infrastructure into our shiny new cloud applications? There are proven methods to bind both legacy voice applications and traditional PSTN audio into cloud-based applications and services at a carrier scale. Some of the most successful implementations leverage WebRTC, WebSockets, SIP and other open source technologies. In his session at @ThingsExpo, Da...
"Tintri was started in 2008 with the express purpose of building a storage appliance that is ideal for virtualized environments. We support a lot of different hypervisor platforms from VMware to OpenStack to Hyper-V," explained Dan Florea, Director of Product Management at Tintri, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
The speed of software changes in growing and large scale rapid-paced DevOps environments presents a challenge for continuous testing. Many organizations struggle to get this right. Practices that work for small scale continuous testing may not be sufficient as the requirements grow. In his session at DevOps Summit, Marc Hornbeek, Sr. Solutions Architect of DevOps continuous test solutions at Spirent Communications, explained the best practices of continuous testing at high scale, which is rele...
A critical component of any IoT project is what to do with all the data being generated. This data needs to be captured, processed, structured, and stored in a way to facilitate different kinds of queries. Traditional data warehouse and analytical systems are mature technologies that can be used to handle certain kinds of queries, but they are not always well suited to many problems, particularly when there is a need for real-time insights.
Containers have changed the mind of IT in DevOps. They enable developers to work with dev, test, stage and production environments identically. Containers provide the right abstraction for microservices and many cloud platforms have integrated them into deployment pipelines. DevOps and Containers together help companies to achieve their business goals faster and more effectively. In his session at DevOps Summit, Ruslan Synytsky, CEO and Co-founder of Jelastic, reviewed the current landscape of D...
In his General Session at 16th Cloud Expo, David Shacochis, host of The Hybrid IT Files podcast and Vice President at CenturyLink, investigated three key trends of the “gigabit economy" though the story of a Fortune 500 communications company in transformation. Narrating how multi-modal hybrid IT, service automation, and agile delivery all intersect, he will cover the role of storytelling and empathy in achieving strategic alignment between the enterprise and its information technology.
IoT is at the core or many Digital Transformation initiatives with the goal of re-inventing a company's business model. We all agree that collecting relevant IoT data will result in massive amounts of data needing to be stored. However, with the rapid development of IoT devices and ongoing business model transformation, we are not able to predict the volume and growth of IoT data. And with the lack of IoT history, traditional methods of IT and infrastructure planning based on the past do not app...
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, discussed the importance of WebRTC and how it enables companies to focus o...
"We're bringing out a new application monitoring system to the DevOps space. It manages large enterprise applications that are distributed throughout a node in many enterprises and we manage them as one collective," explained Kevin Barnes, President of eCube Systems, in this SYS-CON.tv interview at DevOps at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, discussed the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports.
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
In his General Session at DevOps Summit, Asaf Yigal, Co-Founder & VP of Product at Logz.io, will explore the value of Kibana 4 for log analysis and will give a real live, hands-on tutorial on how to set up Kibana 4 and get the most out of Apache log files. He will examine three use cases: IT operations, business intelligence, and security and compliance. This is a hands-on session that will require participants to bring their own laptops, and we will provide the rest.