VASCO Joins FIDO Alliance Board of Directors

VASCO Data Security International, Inc. (NASDAQ: VDSI), a global leader in authentication, electronic signatures, and identity management, announced today that it has become a board member of the Fast IDentity Online (FIDO) Alliance. The FIDO Alliance comprises leading international organizations that share a common mission of improving security and privacy and enhancing user convenience by replacing the outdated scheme of user name and passwords.VASCO is a global leader in providing authentication solutions to financial institutions and has been a sponsor member of the FIDO Alliance since June of 2014. VASCO is committed to supporting FIDO's progress in the rapidly evolving area of authentication. "Our goal is to make it simple, intuitive and transparent for users to gain secure access to their online and mobile applications," stated T. Kendall Hunt, Chairman and CEO of VASCO. "The first line of defense, and too-often the first line of failure, happens at the login process. If we make it easier and more secure for users to login, we can make great strides in improving security and reducing losses."