I-S-Cubed and nCipher Sign Collaboration, Reseller Agreements

Wednesday 16 June 2004 08:45 CET | News

I-S-Cubed (iS3) has signed collaboration and reseller agreements with nCipher. Under the terms of these agreements, I-S-Cubed will feature nCipher’s HSMs (Hardware Security Modules) as a critical security component of I-S-Cubeds SecureOMSTM system.
In addition to this technical collaboration, both companies will actively sell the solution to their respective customers, and participate in a variety of co-marketing programs. This new strategic relationship will aid I-S-Cubed in growing its overall customer base. In particular, I-S-Cubed will be able to expand its geographic base into Europe and other territories, as a result of the nCipher partnership. nCipher will market SecureOMS as an integral element of its expanding product line that targets the payment processing market. Current and potential customers of both companies will benefit from solutions that integrate the best available security components for their needs. I-S-Cubed SecureOMS Platform and Features SecureOMS is the first comprehensive cryptographic key management solution for network-connected devices in the global financial services, retail and enterprise markets. Delivered as a fully configured system comprising I-S-Cubed proprietary software running on a fortified clustering platform, the patent-pending SecureOMS technology ensures both high availability and the capacity to scale as needed. This enterprise-class key management solution includes an SQL database for maximum performance and interoperates with industry leading host management software and its associated host security modules. Key Benefits of SecureOMS - Reduced cost of device security management - Single enterprise view of security for differing brands/types of devices - Automated, remote cryptographic key changes reduce operating expense and improve reaction time to potential security threats - Eliminates manual procedures, reducing errors and boosting security - SecureOMS implementation ensures compliance with industry mandates and government regulations - Provides for strong authentication of system administrators and connected devices - Reporting and audit functions make security issues visible and compliant with security policy - Provisions for managing digital certificates, secure software loads, and other security payloads nCipher Hardware Security Modules (HSMs) nCiphers hardware security modules are designed to protect and securely manage sensitive key data. payShield, developed specifically to meet the security needs of banks, payment processors and e-payment solution providers, is certified to meet the industrys highest security standard - Federal Information Processing Standard (FIPS) 140-2 level 3. payShield delivers the highest levels of key management protection combined with powerful processing facilities and supports all standard payments functions.

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Categories: Payments & Commerce | Payments General
Countries: World
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Payments & Commerce