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Entersekt Selects Amazon Web Services to Protect Valuable Product Data and Prevent Account Takeover



  Entersekt Selects Amazon Web Services to Protect Valuable Product Data and
  Prevent Account Takeover

  @Entersekt enhances Transakt application security by leveraging Amazon Web
                      Services to store encryption keys

Business Wire

ATLANTA -- September 9, 2013

As the war on fraud rages on within the financial industry, the need to ensure
full protection of all sensitive customer data is at an all-time high to best
prevent possible instances of account takeover. In an effort to further
enhance the functionality and security of its Transakt application—and provide
greater protection to those utilizing the solution— transaction authentication
provider Entersekt has selected Amazon Web Services (AWS) to securely store
valuable data through the company’s cloud services.

Leveraging AWS’ CloudHSM service, Entersekt will now store the encryption keys
for Transakt, which protect highly sensitive bank account data, in the AWS
cloud, which protects data by utilizing industry standard, tamper-resistant
security hardware technology. By migrating to the AWS cloud, Entersekt
maintains full access to their data while benefitting from the added security
measures provided and managed by Amazon Web Services. In addition, the AWS
CloudHSM service can help companies like Entersekt fully comply with the most
stringent regulatory and contractual requirements related to key protection.

As part of the data migration process, Entersekt completed its Root Key
Ceremony on September 6  at its Stellenbosch, South Africa location. The Root
Key Ceremony is a standard industry procedure by which a unique pair of public
and private root keys are generated and stored securely, in this case, in the
AWS cloud.

“Having been exposed to Amazon Web Services in the past, their offerings were
top of mind for us as we looked into options for storing our encrypted keys
for Transakt,” says Christiaan Brand, chief technology officer of Entersekt.
“Amazon Web Services’ unmatched service offerings and trusted name within
today’s business world made them an ideal company for us to work with
especially due to the sensitive nature of the data we’re entrusting them
with.”

Entersekt’s one-of-a-kind approach to transaction authentication harnesses the
power of electronic certificate technology with the convenience of mobile
phones to provide financial institutions and their customers with full
protection from fraud in the online and card-not-present space. Entersekt’s
mobile application, Transakt, verifies both the bank and the mobile device,
eliminating the need for expensive hardware tokens or cumbersome one-time
passwords. The bank retains full control over registering users and all
communication is encrypted end-to-end and cannot be intercepted by outside
parties.

About Entersekt:

Entersekt is an innovative pioneer in transaction authentication. The
company’s one-of-a-kind approach harnesses the power of electronic certificate
technology (PKI) with the convenience of mobile phones to provide financial
institutions and their customers with full protection from online banking
fraud. With its patented security products authenticating millions of
transactions globally, none of Entersekt’s clients have experienced a
successful phishing attack on their systems since implementing the company’s
technology. Financial institutions worldwide look to Entersekt to strengthen
the all-important bond of trust they share with their customers, and to build
on those relationships by introducing increasingly innovative mobile and
online banking services. For more information on Entersekt, visit
www.entersekt.com.

Contact:

For Entersekt
David Jones, 678-781-7238
or
Stephen Sprayberry, 678-781-7207
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