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VASCO presents its internet security solutions at banking summit in Beirut

VASCO Data Security, a leading software security company specializing in authentication products, will host a banking summit in Beirut, Lebanon on March 31, 2010. The summit, intended for banking professionals, will focus on strong authentication as an effective solution to encounter e-fraud attacks.

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Over the last few years, the amount of e-fraud attacks in online banking has increased, resulting in a growing need for secure internet transactions all over the world. The growing online banking market in the Levant region is no exception. The summit in Beirut, hosted by VASCO, will provide banking professionals with the opportunity to technically discuss the latest internet security challenges and effective ways to secure online banking.

Online fraudulent attacks have not only intensified, fraudsters are also becoming more and more creative in finding new ways to make their attempts succeed. Strong authentication is a very effective countermeasure for all kinds of fraud schemes, such as phishing, pharming and man-in-the-middle attacks. VASCO offers a wide array of products to protect financial transactions from being intercepted.

"As a bank, you want your clients to benefit from the advantages of online banking without having to worry about online fraud", says Jan Valcke, VASCO's President and COO. "VASCO provides a whole range of products, designed to guarantee secure internet transactions. During the summit in Beirut, banking professionals will be able to discover VASCO's strong authentication solutions and exchange ideas and experiences in implementing those solutions as an effective countermeasure for e-fraud attacks."

The summit will take place in Intercontinental Phoenicia Beirut, Grand Ballroom, Minet El Hosn, Beirut, Libanon on March 31, 2010.
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About VASCO:

VASCO is a leading supplier of strong authentication and e-signature solutions and services specializing in Internet Security applications and transactions. VASCO has positioned itself as global software company for Internet Security serving a customer base of approximately 9,500 companies in more than 100 countries, including approximately 1,400 international financial institutions. VASCO's prime markets are the financial sector, enterprise security, e-commerce and e-government.

For more information contact:

Jochem Binst
Tel: +32 2 609 97 00

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