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GlobalWare Solutions Delivers New Security Token Program

22 June 2006

GlobalWare Solutions, a full- service provider of supply chain management solutions with operations in North America, Europe and Asia, has developed a new state-of-the-art end-to-end order processing and delivery program, Security Token Program, for the rapidly emerging security tokens (2FA - Second-Factor Authentication) standard.


As Internet identity theft schemes, such as phishing, pharming, spyware and malware, continue to rise at an alarming rate, a user name and password (single-factor authentication) is not sufficient protection. GlobalWare's Security Token Program provides a higher level of security and additional peace of mind to organizations and their customers by offering a physical token, as well as a user name and password, to fully verify user access.


Retailers who transact over the Internet are concerned with preventing online fraud and identity theft and as a result, are implementing security tokens for their e-commerce business. Financial and banking institutions are using security tokens to address Federal Deposit Insurance Corp. (FDIC) security guidelines outlined in the FDIC December 2005 report "Putting an End to Account-Hijacking Identity Theft." The report strongly advises financial institutions to "upgrade existing password-based, single-factor customer authentication systems to two-factor authentication." The report further advises that the FDIC is considering a federal mandate for the implementation of security tokens by financial institutions nationwide.


"The Security Tokens market is a natural extension of our existing e- commerce and global supply chain solutions," says Doug Brittin, V.P. Global Sales and Marketing. "We have been working with serialization and flashing smartcards for our customers for a number of years, and have been able to quickly deploy a comprehensive, secure delivery and distribution program for this new market demand."


With over 25 years of experience in supply chain management, GlobalWare offers an efficient and accurate means of distributing serialized security tokens to customers of financial institutions and e-commerce organizations. GlobalWare's Security Token Program captures the serial number of each device and links it to the recipient name and address as it ships to the customer. With its comprehensive suite of additional services, such as flashing or loading proprietary software onto the device prior to shipment so the token arrives ready to use, on-demand print capabilities and packaging design expertise, GlobalWare offers a complete service supply chain solution.


About GlobalWare Solutions:


GlobalWare Solutions (GWS) is a privately held ISO 9001 certified full- service provider of global supply chain management solutions. GWS provides scaleable solutions that span the entire supply chain - from procurement, manufacturing and distribution of physical goods to e-commerce and digital order and delivery of software and licenses. Whether our clients are managing software introductions and revisions, streamlining production or fulfillment processes, looking for ways to generate incremental revenue or simply in need of an experienced supply chain provider, GlobalWare Solutions delivers exceptional value and seamless productivity worldwide. For more information, visit our website at http://www.globalwaresolutions.com or call 1-800-469-7500 to request a free supply chain analysis.


Contact:


Amy Dwyer


978-469-7334


This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.

Source: prnewswire


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