Click here to close now.


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 or

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

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

Add to Digg Bookmark with Add to Newsvine

Media Contacts

Ronnie Manning
Yubico PR
Email Contact

Ruben Lopez
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
The Internet of Things is clearly many things: data collection and analytics, wearables, Smart Grids and Smart Cities, the Industrial Internet, and more. Cool platforms like Arduino, Raspberry Pi, Intel's Galileo and Edison, and a diverse world of sensors are making the IoT a great toy box for developers in all these areas. In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists discussed what things are the most important, which will have the most profound...
Discussions of cloud computing have evolved in recent years from a focus on specific types of cloud, to a world of hybrid cloud, and to a world dominated by the APIs that make today's multi-cloud environments and hybrid clouds possible. In this Power Panel at 17th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists addressed the importance of customers being able to use the specific technologies they need, through environments and ecosystems that expose their APIs to make true ...
In today's enterprise, digital transformation represents organizational change even more so than technology change, as customer preferences and behavior drive end-to-end transformation across lines of business as well as IT. To capitalize on the ubiquitous disruption driving this transformation, companies must be able to innovate at an increasingly rapid pace. Traditional approaches for driving innovation are now woefully inadequate for keeping up with the breadth of disruption and change facin...
The cloud. Like a comic book superhero, there seems to be no problem it can’t fix or cost it can’t slash. Yet making the transition is not always easy and production environments are still largely on premise. Taking some practical and sensible steps to reduce risk can also help provide a basis for a successful cloud transition. A plethora of surveys from the likes of IDG and Gartner show that more than 70 percent of enterprises have deployed at least one or more cloud application or workload. Y...
PubNub has announced the release of BLOCKS, a set of customizable microservices that give developers a simple way to add code and deploy features for realtime apps.PubNub BLOCKS executes business logic directly on the data streaming through PubNub’s network without splitting it off to an intermediary server controlled by the customer. This revolutionary approach streamlines app development, reduces endpoint-to-endpoint latency, and allows apps to better leverage the enormous scalability of PubNu...
Microservices are a very exciting architectural approach that many organizations are looking to as a way to accelerate innovation. Microservices promise to allow teams to move away from monolithic "ball of mud" systems, but the reality is that, in the vast majority of organizations, different projects and technologies will continue to be developed at different speeds. How to handle the dependencies between these disparate systems with different iteration cycles? Consider the "canoncial problem"...
Growth hacking is common for startups to make unheard-of progress in building their business. Career Hacks can help Geek Girls and those who support them (yes, that's you too, Dad!) to excel in this typically male-dominated world. Get ready to learn the facts: Is there a bias against women in the tech / developer communities? Why are women 50% of the workforce, but hold only 24% of the STEM or IT positions? Some beginnings of what to do about it! In her Day 2 Keynote at 17th Cloud Expo, San...
Apps and devices shouldn't stop working when there's limited or no network connectivity. Learn how to bring data stored in a cloud database to the edge of the network (and back again) whenever an Internet connection is available. In his session at 17th Cloud Expo, Ben Perlmutter, a Sales Engineer with IBM Cloudant, demonstrated techniques for replicating cloud databases with devices in order to build offline-first mobile or Internet of Things (IoT) apps that can provide a better, faster user e...
Container technology is shaping the future of DevOps and it’s also changing the way organizations think about application development. With the rise of mobile applications in the enterprise, businesses are abandoning year-long development cycles and embracing technologies that enable rapid development and continuous deployment of apps. In his session at DevOps Summit, Kurt Collins, Developer Evangelist at, examined how Docker has evolved into a highly effective tool for application del...
I recently attended and was a speaker at the 4th International Internet of @ThingsExpo at the Santa Clara Convention Center. I also had the opportunity to attend this event last year and I wrote a blog from that show talking about how the “Enterprise Impact of IoT” was a key theme of last year’s show. I was curious to see if the same theme would still resonate 365 days later and what, if any, changes I would see in the content presented.
Cloud computing delivers on-demand resources that provide businesses with flexibility and cost-savings. The challenge in moving workloads to the cloud has been the cost and complexity of ensuring the initial and ongoing security and regulatory (PCI, HIPAA, FFIEC) compliance across private and public clouds. Manual security compliance is slow, prone to human error, and represents over 50% of the cost of managing cloud applications. Determining how to automate cloud security compliance is critical...
Internet of @ThingsExpo, taking place June 7-9, 2016 at Javits Center, New York City and Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 18th International @CloudExpo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo New York Call for Papers is now open.
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York and Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty ...
We are rapidly moving to a brave new world of interconnected smart homes, cars, offices and factories known as the Internet of Things (IoT). Sensors and monitoring devices will touch every part of our lives. Let's take a closer look at the Internet of Things. The Internet of Things is a worldwide network of objects and devices connected to the Internet. They are electronics, sensors, software and more. These objects connect to the Internet and can be controlled remotely via apps and programs. ...
Today air travel is a minefield of delays, hassles and customer disappointment. Airlines struggle to revitalize the experience. GE and M2Mi will demonstrate practical examples of how IoT solutions are helping airlines bring back personalization, reduce trip time and improve reliability. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Dr. Sarah Cooper, M2Mi’s VP Business Development and Engineering, explored the IoT cloud-based platform technologies driving t...