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VASCO Joins Cloud Security Alliance

Membership supports commitment to collaboration and furthering its global cloud strategy

OAKBROOK TERRACE, IL, December 21, 2017 – VASCO® Data Security International, Inc. (NASDAQ: VDSI), a global leader in digital solutions including identity, security and business productivity, today announced that it has joined the Cloud Security Alliance (CSA), the world’s leading organization dedicated to defining and raising awareness of best practices to help ensure a secure cloud computing environment.

Organizations are increasingly able to digitally transform business operations and the customer experience using cloud solutions. As a result, VASCO’s primary customer base of more than half of the top 100 global banks are increasingly adopting the technology. A recent report from Gartner Research share a heat map identifying the most popular areas for cloud adoption among banks, which includes solutions at the core of VASCO's cloud strategy like security and compliance, as well as core banking and payment systems.

“VASCO’s membership in the CSA demonstrates our cloud-first mindset as we introduce additional product offerings to enable trusted identities, transactions and solutions in the cloud,” said VASCO CEO, Scott Clements. “Association memberships like this help VASCO stay on top of key cloud trends and best practices while enabling us to help shape the industry and contribute to CSA’s mission to ensure a secure cloud computing environment.”

"CSA will greatly benefit from VASCO's experience in delivering cloud security solutions over many years and we welcome them as a CSA corporate member," said Cloud Security Alliance CEO, Jim Reavis.

VASCO brings CSA its global experience and leadership in authentication, mobile and online security, identity and access management, as well as e-signatures. Global representatives from VASCO will participate in a number of applicable CSA workgroups, including mobility, blockchain/distributed ledger, cloud security services management and CloudTrust, a group dedicated to promoting the broader adoption of cloud technology. In addition, select VASCO employees will obtain CSA’s Certificate of Cloud Security Knowledge (CCSK) credential.