Croatian Bank Deploys Aladdin eToken

Aladdin Knowledge Systems, a provider of information security now affiliated under common management with SafeNet, announced that Zagrebacka bank of Croatia has deployed Aladdin eToken NG-Flash to customers using its e-zaba online banking services.

Aladdin eToken NG-Flash is a USB-based PKI authentication solution, combining smartcard authentication with encrypted flash memory to provide strong user authentication, identity and access management tools and strong encryption to store and protect sensitive data and applications.

Zagrebacka bank has been operating with around 90,000 corporate clients, small and medium-sized entrepreneurs and craftsmen within the framework of 46 entrepreneurial and commercial centers. It offers the most modern banking services of any bank in Croatia. e-zaba, its internet banking portal, has more than 380,000 users, of which more than 78,000 are corporate customers.

Aladdin explained that n addition to already implemented e-zaba PKI smartcards, eToken NG-Flash, with smartcard functionality, digital signing and encrypted storage now enables Zagrebacka bank to offer its corporate customers the choice of another PKI authentication device to securely connect to e-zaba online services., Logos, Zagrebacka bank's system integrator, created a custom system that combined its own PKI Validation Authority Suite (PKI VAS) with the eToken NG-Flash. Integrated into Logos's PKI VAS, eToken NG-Flash enables secure storage of user's credentials and the private key, and through PKI VAS modules enables digital signing of documents and transactions to prevent identity theft and fraud. Further, the encrypted storage serves as a software delivery platform for Zagrebacka bank tools and applications, resulting with simple and fast installation of PKI software components, at the same time providing customers a convenient means of storing sensitive documents in an encrypted format.

"By deploying eToken NG-Flash to its online banking customers, Zagrebacka bank delivers strong protection against data and identity theft for its customers and gains a strong competitive advantage in their market," said Shlomi Yanai, vice president of authentication at SafeNet. "Financial institutions like Zagrebacka bank who are seeking to provide a highly secure online banking experience for their customers are increasingly turning to eToken strong authentication solutions. With the merger of SafeNet and Aladdin, financial institutions offering online banking solutions can take advantage of the expanded portfolio of authentication solutions from SafeNet and Aladdin to protect sensitive data and guard against the increasing threats of cybercrime."

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