London: Thales today announced that the Swedish National Payment
Clearing House (BGC) has chosen to implement Thales'
SafeSign Authentication Server to provide digital signature verification of payments in a new,
Internet based application. The new system allows digital identities
issued by, amongst others, BankID and Posten, the state-owned post office,
to be used to digitally sign payment instructions . Previously run over
a closed dial up network, the move to the internet will provide BGC with
all the advantages of an IP infrastructure. SafeSign is a critical part
of this as it allows BGC to determine and authenticate the digital identities
supplied by issuers approved by the Swedish State Procurement Agency
(Statskontoret) that issued the payment instruction.
The SafeSign Authentication Server is at the heart of the BGC system verifying
digital signatures, authenticating users and providing a strong audit trail
for all transactions. BGC has also made use of SafeSign's high level of
adaptability allowing it to be accessed through the existing mainframe systems.
In addition, BGC chose SafeSign because of its scalability allowing it to
meet increased demand in the future.
With the new IP-based system and SafeSign in place, BGC will be able to
validate transactions coming from customers. This is regardless of whether
the customer has a hardware or software based digital identity issued either
by BankID or Telia on behalf of Posten. Together with BGC's own internal
transactions, this means that the new IP-based system has to deal with messages
coming from three different channels. Another key strength of SafeSign is
its ability to authenticate transactions from a number of different channels
using different PKI schemes.
The move to IP is an important step for BGC and it has recognised that
increased electronic document exchange requires a function for validating
identities and electronic signatures that can support future developments
and international standards and PKIs. By implementing the SafeSign Authentication
Server, BGC has put in place a security infrastructure that meets all present
authentication requirements and is adaptable enough to satisfy future developments.
Mr Mathias Engan, Product Manager, of BGC, said: “We had very specific
needs at BGC for validating transactions and required a robust, highly scalable
and secure system to meet these requirements. SafeSign meets these requirements
in a very flexible and adaptable way. In SafeSign we are confident that
we have a system that not only meets our needs today, but will be able to
adapt to future changes.”
Paul Meadowcroft, head of transaction security, e-security activities,
Thales , said: “This is the first deployment of SafeSign authentication
server as a BankID Control Server and it is a testament to the strength
of the product that BGC has chosen it for their own authentication needs.
As a secure, highly flexible multi-channel authentication platform, we are
confident that SafeSign is unsurpassed within the industry. Our successes
in Sweden, follow our initial
deployment at BACS in the UK and demonstrates
the dominance of this product.”
About BGC
BGC offers payment and business
transaction information services as well as solutions for secure digital
identification. Our products enable secure and efficient business transactions
for our clients; Swedish banks, enterprises and public institutions. We
continuously develop new products in order to ensure a product portfolio
that meets the demands of our clients. BGC is owned by SEB, Svenska Handelsbanken,
FöreningsSparbanken, Danske Bank,
SkandiaBanken, Länsförsäkringar Bank, Kaupthing Bank and
Nordea. BGC have over 450 employees at the Stockholm office. For more
information, please visit www.bgc.se .
About Thales
Thales is an international electronics and systems group, serving defence,
aerospace, services and security markets. The group employs 61,500 people
worldwide and generated revenues of 10.6 billion Euros in 2003.
Operating in three main markets covering e-security, card payment and network
security, Thales' e-security activities address the business, government
and finance industries' need for cryptographic security products and solutions.
Over half of the world's banks, together with the majority of the busiest
exchanges, currently use Thales technology. For more than 20 years the company
has been at the forefront of security and payment technology, co-operating
and contributing to set the industry standards used for financial transactions
and e- commerce globally. Thales offers a wide range of security solutions
to protect Government and Defence critical information infrastructures,
thereby positioning the company as a leading worldwide supplier of certified
network security products.
Contact details for Thales
Claire Topping
Thales e-Security
+44 (0)1844 204156
claire.topping@thales-esecurity.com
Scott McLean
Hotwire
+44 (0) 20 7608 4643
scott.mclean@hotwirepr.com