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EQS-News: comforte AG: Successful go-live of the comforte software solution at large European bank

Issuer: comforte AG / Key word(s): Miscellaneous
comforte AG: Successful go-live of the comforte software solution at large European bank

26.10.2023 / 09:22 CET/CEST
The issuer is solely responsible for the content of this announcement.


comforte AG: Successful go-live of the comforte software solution at large European bank

Wiesbaden, 26 October 2023 – comforte AG, a leading provider of Enterprise Data Security solutions, has implemented the go-live for its SecurDPS software solution at a multinational universal bank headquartered in Europe. With comforte's data-centric cybersecurity solution, companies can protect personal data and credit card and payment data of their customers in compliance with all data privacy regulations of the respective countries and significantly reduce the risks of a breach of compliance. comforte's format-preserving encryption makes the data unusable for unauthorised persons, while the processing, analysis and use of the data is still possible for the company at any time, including in cloud-based environments.

The primary account numbers of the credit cards and debit cards required for the authorisation systems were previously available at the bank in unencrypted form. With the help of the comforte solution, these have now been tokenised and are therefore no longer susceptible to attacks by third parties or insiders. Depending on the access level, the cardholder information can be fully encrypted, tokenised or displayed in plain text. In addition, comforte's software is used to encrypt records from transaction log files.

Michael Deissner, CEO of comforte: "We are progressing well on schedule with the implementation of our software solution and are now protecting this international banking group even better against cybercrime. There is a great need for data-centric encryption across all industries. We see ourselves excellently positioned in the market to best protect companies and thus also their customers from data theft and misuse with our data-centric encryption."

About comforte AG

comforte AG is a leading provider of enterprise data security solutions. Today, more than 500 companies worldwide rely on comforte’s tokenization and format-preserving encryption capabilities to protect sensitive data. comforte’s Data Security Platform integrates seamlessly with the most advanced cloud-based environments as well as traditional core systems. It helps customers discover, classify and protect data regardless of where it resides.

With more than 20 years of experience in data security and data protection of mission-critical systems, comforte AG is the perfect partner for companies looking to secure their growth by protecting their most valuable asset: Their data.

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comforte AG:

Thomas Stoesser, Executive Vice President, Marketing & Product Management

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Axel Mühlhaus/Ralf Droz
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Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
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Language: English
Company: comforte AG
Abraham-Lincoln-Str. 22
65189 Wiesbaden
Germany
Internet: /de/unternehmen
EQS News ID: 1757871

 
End of News EQS News Service

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26/10/2023

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