Smartcard-based enterprise security to rise

February 2004 News

Gemplus International SA recently reported the results of its US Corporate Security Systems Study. The study, performed by Frost & Sullivan, provides insight into the present security systems, needs, and prospective future trends of American Fortune 500 companies. According to the survey results, based on interviews with 69 Fortune 500 senior executives, there is a profound interest in using smartcards as part of their physical and/or logical security systems.

"More than 63% of the Fortune 500 executives interviewed either have investigated or are investigating smartcards for network security," says Deepak Chetty, senior industry analyst at Frost & Sullivan. "Furthermore there was a 100% awareness of smartcard technology among those interviewed. These are extraordinary figures considering the fact that most companies had not even heard of smartcards three years ago."

In 2002 it was reported by the Federal Bureau of Investigation (FBI) and the Computer Security Institute (CSI) that 90% of large corporations and government agencies detected computer security breaches within the last year. The traditional employee badges used within most corporations today are unable to address all these electronic security issues.

Results from the US Corporate Security Systems Study indicate an increased interest in Fortune 500 companies to deploy a single token for both physical and logical security. Smartcards respond to this challenge by offering a versatile platform to combine building access and network security on one card, and as a result, have experienced an increased uptake by large corporations in the last few years.

"More than one-third of Fortune 500 companies surveyed, 39% to be precise, plan to use smartcards to enhance and strengthen their corporate security systems within the next three years," says Dave Ludin, Gemplus's Vice President of Financial and Security Solutions in North America.

"This research shows that already 30% of Fortune 500 companies are currently using or testing smartcards within their security systems."

For more information contact Kerry Butler, Gemplus, 091 (215) 390 2840, kerry.butler@gemplus.com





Share this article:
Share via emailShare via LinkedInPrint this page



Further reading:

Online fleet management system
Issue 1 2020 , News
Fleet Domain’s online Fleet Management Information System is reducing operating costs and improving safety for South African logistics firms.

Read more...
Digital insurance bundle for assets and devices
Issue 1 2020 , News
My CyberCare is a specialist provider of personal, and SMME online cyber insurance, cyber detection and cyber monitoring solutions for both local and global consumption.

Read more...
IDEMIA to supply Morocco’s national electronic ID cards
Issue 1 2020, IDEMIA , News
IDEMIA will supply Morocco with national electronic ID cards and introduce a secured digital identity online services platform.

Read more...
Rockwell Automation to acquire Avnet
Issue 1 2020, Rockwell Automation , News
Rockwell Automation announced it has signed an agreement to acquire privately held Avnet Data Security, an Israeli-based cybersecurity provider with over 20 years’ experience providing cybersecurity services.

Read more...
Do we really want simplicity?
Issue 1 2020, Technews Publishing , News
Everything today has to be simple, easy and fast. Even access to your bank account has to fit these adjectives and banks spend significant time and money trying to ensure their web and mobile interfaces ...

Read more...
Longse Distribution to become LD Africa
Issue 1 2020, LD Africa , News
Brendon Whelan, sales manager for Longse Distribution, announced that the company officially changed its name to LD Africa as of 20 January 2020.

Read more...
Three expos in one
Issue 1 2020 , News
Looking ahead to 2020 Vision: combined Securex South Africa, A-OSH EXPO and Facilities Management Expo 2020 promises to be even bigger and better.

Read more...
Security events you can’t miss in 2020
Issue 1 2020, Technews Publishing , News
Hi-Tech Security Solutions will host a number of focused events in 2020 to highlight the latest in security technology and the operational benefits they deliver.

Read more...
David Shapiro to chair ESDA
Issue 1 2020, ESDA (Electronic Security Distributors Association , News
The Electronic Security Distributors’ Association (ESDA), established in 1989, has elected David Shapiro as its chairperson for 2020.

Read more...
Dimension Data debuts fifth business
Issue 1 2020 , News
Dimension Data has launched its fifth business in the MEA region, Dimension Data Security, aimed at helping organisations in the region address the challenges of today’s rapidly evolving threat landscape.

Read more...