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Korea's Largest Bank Deploys 5,000 Aladdin eToken Authentication Devices
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KB Bank uses Aladdin eToken PKI for strong authentication and secure access management;
Bank projects additional deployment of 25,000 Aladdin eToken devices throughout
2009
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CHICAGO, October 7, 2008 -
Aladdin Knowledge Systems
(NASDAQ:
ALDN),
an information security leader specializing in
authentication,
software DRM
and
content security,
today announced that KB Bank, Korea's largest private bank, has chosen the Aladdin
eToken strong authentication solution to provide secure internal authentication.
Preventing fraud by verifying customers' identities through PKI authentication,
KB Bank will initially deploy 5,000 Aladdin eToken devices internally (see photo),
and projects that another 25,000 will be deployed to customers throughout 2009.
Certified by the Korea Information Security Agency (KISA), Aladdin eToken complies
with the most stringent security standards for online banking.
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With more than 1,000 branches and 30,000 employees, KB Bank is ranked one of the
top 50 global companies, and has won numerous awards, including "Best Retail Bank"
by The Asian Banker. KB bank will deploy Aladdin eToken PRO Java to employees to
create a secure environment for financial transactions through strong, two factor
authentication.
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"As the financial industry moves toward universal, complex and global banking, Aladdin
eToken provides KB Bank the means to minimize risk and explore new opportunities
in secure mobile banking," said KB Bank. "Using eToken PRO's proven PKI infrastructure,
employees and customers gain the highest level of security, accessing secure data
and conducting online transactions with the assurance that their identity and finances
are safe from Web attacks or theft."
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"Aladdin eToken continues to be a consistently strong performer for the banking
and the financial industry worldwide," said Shlomi Yanai, vice president of the
Aladdin eToken Business Unit at Aladdin Knowledge Systems. "KB Bank's choice of
Aladdin eToken reinforces not only Aladdin's leadership in the financial market,
but also Aladdin's fast-growing presence in the Asia Pacific region."
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About KB Bank
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KB Bank, formerly Kookmin Bank, is the largest private bank in Korea, striving to
be a leading financial institution by expanding its business into Asian markets.
Its 30,000 employees serve thousands of customers on four continents. It aspires
to remain a global standard based on traditional banking fundamentals and continuously
enhancing its banking capabilities to meet the needs of its diverse customers. Visit
www.kbstar.com .
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About Aladdin eToken
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Aladdin eToken is the world leader for
USB-based authentication solutions. eToken provides strong user authentication
and cost-effective password management solutions, enabling secure network access,
improved data security through enhanced encryption and digital signing, as well
as compliance with a wide range of regulatory requirements worldwide. Visit
www.Aladdin.com/eToken.
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About Aladdin
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Aladdin Knowledge Systems (NASDAQ: ALDN) is an information security leader with
offices in 12 countries, a worldwide network of channel partners, and numerous awards
for innovation. Aladdin eToken is the world's #1 USB-based authentication solution,
offering identity and access management tools that protect sensitive data. Aladdin
SafeWord two-factor authentication technology protects companies' important information
assets and applications. Aladdin HASP SRM boosts growth for software developers
and publishers through strong anti-piracy protection, IP protection, and secure
licensing and product activation. Aladdin eSafe delivers real-time intelligent Web
gateway security that helps protect data and networks, improve productivity, and
enable compliance. Visit www.Aladdin.com.
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####
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All trademarks and registered trademarks are the property
of their respective holders.
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Press Contact:
Matthew Zintel
Zintel Public Relations
310.574.8888
|
Investor Relations Contact:
Debbie Kaye
Aladdin Investor Relations
investor@aladdin.com
646.468.0481
|
