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Partner Release - Thales and Intercede Showcase the First Complete End-to-End Transaction Security System at InfoSec

Thales today announced that it will be joined by Intercede at InfoSec to showcase the SafeSign® platform for end-to-end transaction security. Launched last September, SafeSign from Thales e-Security is the world’s first security architecture to allow all transactions to be managed and authenticated from a single platform, regardless of transaction channel or PKI trust scheme. To complete the vision of an end-to-end security system from inception to authentication of the transaction, Thales will be introducing the new SafeSign PSM (personal security module) at the show on April 27th.

SafeSign is already embedded at the heart of BACS’ new internet-based transaction system, BACSTEL-IP. Since its official launch last autumn, SafeSign has attracted enormous amounts of interest from banks and financial institutions around the world and further customer announcements are expected before the summer. Its success stems from the fact that banks today have to contend with vast amounts of complexity within their transaction systems. This complexity includes having to authenticate customers from multiple channels and with multiple identities. By authenticating and managing all identities from a single platform, SafeSign not only provides ease of management but also better customer service and reduced levels of fraud.

The final component of the SafeSign family of products is the SafeSign PSM, which represents the next generation of smart card tokens. More details about this product will be released at InfoSec.

The other SafeSign components are:

  • SafeSign Authentication Server: a multi-channel authentication platform that allows any transaction from any channel – e.g. PC, telephone, mobile, interactive television and other access points – to be authenticated from one server.
  • SafeSign Management Server: the SafeSign Management Server, powered by edeficeTM from Intercede, provides user and token management. This allows the management of user identities; including creation, deletion and amendment of all forms of identity be it smart card, token, biometrics or PKI. The centralised key management function provides strong security for the storage and use of cryptographic keys.
  • SafeSign Crypto Module: a hardware security module for secure storage and use of cryptographic keys. This allows the use of standards already implemented in the market such as Identrus, Public Key Infrastructure (PKI) certificates from a number of suppliers, and a range of personal tokens.

Paul Meadowcroft, Head of Transaction Security at Thales e-Security, said: “Last year at InfoSec we announced that we would be working with Intercede to deliver a powerful, customisable end-to-end authentication platform. With the forthcoming launch of the SafeSign PSM, we have now completed this vision. The reaction from banks and financial institutions has been extremely positive and we are looking forward to making public our first customer announcements soon.”

Ends

About Thales
Thales is an international electronics and systems group, serving defence, aerospace and security markets. The group employs 62,000 people worldwide and generated revenues of 10.6 billion in 2003.
Operating in three main markets covering e-security, card payment and network security, Thales e-Security addresses 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.

About Intercede
Intercede Group plc is a leading developer and supplier of smart card and identity management software listed on the London Stock Exchange (IGP LN) (IGP.L). The group’s edefice™ software manages the secure registration, issuance and lifecycle of digital identities for a wide range of uses. This requires the integration of multiple technologies and products from many different vendors, including smart cards, biometrics and digital certificates.

Intercede's customers cover a range of industries and include Barclays Bank, COLT Telecom, Fujitsu, Lloyds TSB, the NHS, Pink Roccade, Royal Bank of Scotland, Ubizen and various US and UK government agencies and departments.

For more information, visit Intercede's home page at http://www.intercedegroup.com/ , call +44 (0) 1455 558 111 or Email info@intercede.com

Press Contact:
Scott McLean, Hotwire PR, +44 (0) 207608 4643
scott.mclean@hotwirepr.com

Kenny McGilvary, Hotwire, +44 (0) 20 7608 4633
kenneth.mcgilvary@hotwirepr.com

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