Entrust Chosen by ING Barings to Provide PKI Security Infrastructure for Trusted e-Business Users: 'Zero Footprint' TruePass Technology Seals the Deal for ING Barings.Business Editors LONDON--(BUSINESS WIRE)--Sept. 28, 2000 Entrust Technologies (Nasdaq:ENTU), today announced a contract with ING Barings, the corporate and investment banking arm of the ING Group ING Groep N.V. (NYSE: ING, Euronext: INGA) (known as ING Group) is a financial institution of Dutch origin offering banking, insurance and asset management services. ING once stood for Internationale Nederlanden Groep. , to develop a trusted e-business infrastructure for their e-business initiatives. ING Barings plan to deploy its Entrust solution to 49 countries and over 10,000 users to enable secure e-business transactions between ING Barings' employees, partners, suppliers, customers and service providers. The contract supplies ING Barings with a number of different products including Entrust/TruePass(TM), Entrust's revolutionary "zero-footprint" technology. This Web-based solution will enable strong authentication (1) Verifying the integrity of a transmitted message. See message integrity, e-mail authentication and MAC. (2) Verifying the identity of a user logging into a network. of users and confidential communications CONFIDENTIAL COMMUNICATIONS, evidence. Whatever is communicated professedly by a client to his counsel, solicitor, or attorney, is considered as a confidential communication. 2. between the bank and its clients and across all internal applications. The rollout of TruePass(TM), which does not require any client-side software to be installed, will allow ING Baring's users access to secure web-based services from any computer anywhere in the world. TruePass(TM) will enable ING Barings to provide better services to customers at a reduced cost. "In today's financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. climate our customers and business partners demand online access to our services from anywhere in the world. One of the ways we can ensure our customers are confident that this access is secure and encrypted en·crypt tr.v. en·crypt·ed, en·crypt·ing, en·crypts 1. To put into code or cipher. 2. Computer Science is through the use of digital signatures", said Nick Beavis, security e-Business Strategist strat·e·gist n. One who is skilled in strategy. Noun 1. strategist - an expert in strategy (especially in warfare) strategian market strategist - someone skilled in planning marketing campaigns , ING Barings. "Entrust's TruePass product was exactly what we required, offering a scaleable, flexible solution with a fast, secure deployment and the right level of control to support our business continuity and security issues. Entrust's suite of security products enables us to increase the value of information we share with our customers, partners and suppliers, without compromising our internal security standards, and is a further step in positioning ING Barings as a premier online financial institution for global customers." Andrew Armstrong, Entrust's Regional Manager for Northern Europe is delighted with the contract: "This contract once again demonstrates Entrusts global leadership and commitment to the financial market in providing secure (B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business ) Business-to-Business and (B2C (Business to Consumer) Refers to a business communicating with or selling to an individual rather than a company. See B2B. ) Business-To-Consumer e-Business solutions. Its great to have an institution such as ING Barings choose our PKI (Public Key Infrastructure) A framework for creating a secure method for exchanging information based on public key cryptography. The foundation of a PKI is the certificate authority (CA), which issues digital certificates that authenticate the identity of security products and helps to demonstrate that PKI is one of the only truly secure and manageable solutions that works for e-business." About ING Barings ING Barings is the corporate and investment banking arm of ING Group. It provides an extensive range of financial products and services to corporate and institutional clients around the world through a network of 89 offices in 49 countries, employing 9,331 people. ING Barings plans to have 3 eCommerce hubs - Europe, Asia and the Americas. In July 2000, ING Barings bought equities and fixed income specialists Charterhouse Charterhouse [Fr.,=Chartreuse], in London, England, once a Carthusian monastery (founded 1371), later a hospital for old men and then a school for boys, endowed in 1611. The school, which became a large public school, was removed (1872) to Godalming, Surrey. W. M. Securities for 127 million pounds sterling from HSBC HSBC Hongkong and Shanghai Banking Corporation HSBC Humane Society of Broward County (Florida) HSBC Humane Society of Bay County (Bay County, Michigan) . Charterhouse Securities has 90 UK Corporate clients and an equity research team of 60 analysts. ING Barings organises its global business into four areas, Corporate and Institutional Finance, Equity Markets, Financial Markets and General Banking. About Entrust Technologies Entrust Technologies, Inc. (Nasdaq: ENTU) is a global leader in solutions that bring trust to e-business relationships by securing and managing the transactions that constitute e-business. Through the industry's most comprehensive portfolio of trusted e-business infrastructure solutions, Entrust Technologies enables customers to secure their B2B, B2C and internal enterprise transactions and communications, as well as to manage the e-business portals through which these transactions take place. Today Entrust serves more than 1,500 customers worldwide. Entrust Technologies pioneered the public-key infrastructure (PKI) and digital certificate solutions that provide security for business transactions and communications over the Internet, wireless or mobile networks. Entrust Technologies has offices all over the world, and has product development centres in Switzerland, Canada and California. See http://www.entrust.com and http://www.entrust.com/products/index.htm. About Entrust/PKI(TM) A public-key infrastructure (PKI) provides a highly trusted infrastructure for issuing and managing digital certificates. Entrust/PKI(TM) certificates enable transactions to be conducted with trust. An Entrust digital certificate is a digital 'passport' that strongly binds transacting parties to a transaction: before, during and after it occurs. Entrust certificates are a mechanism for organisations to establish and maintain their brand and affinity with their constituents, through the issuance of Entrust digital certificates. About Entrust/TruePass(TM) Entrust/TruePass(TM) is a multi-platform, standards-based solution that enables trusted and loyal e-business relationships in a package that is transparent to users and easy to deploy. The end-to-end data protection solution provides customers with an innovative and unique method of protecting confidential data while in transit on Web servers, where most Internet theft is occurring today. Entrust/TruePass provides digital signatures and encryption The reversible transformation of data from the original (the plaintext) to a difficult-to-interpret format (the ciphertext) as a mechanism for protecting its confidentiality, integrity and sometimes its authenticity. Encryption uses an encryption algorithm and one or more encryption keys. of transactions, using digital certificates to authenticate (1) To verify (guarantee) the identity of a person or company. To ensure that the individual or organization is really who it says it is. See authentication and digital certificate. (2) To verify (guarantee) that data has not been altered. users without imposing user inconvenience or administrative burden. Entrust/TruePass also enables unique secure "roaming The ability to use a communications device such as a cellphone or PDA and be able to move from one cell or access point to another without losing the connection. " access from any workstation and transparent integration into Web applications, maximizing ease of use. (C)2000 Entrust Technologies. All rights reserved. Entrust is a trademark of Entrust Technologies Inc. in certain countries. Entrust is a registered trademark of Entrust Technologies in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and other countries. In Canada, Entrust is a registered trademark of Entrust Technologies Limited. All Entrust product names are trademarks of Entrust Technologies. All other product and company names may be trademarks or registered trademarks of their respective companies. |
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