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Gemalto First to Achieve New Security Levels Protecting Canadian Bankcard Holders from Identity Theft
TORONTO --(Business Wire)-- June 13, 2006 -- Gemalto, a world leader in digital security, today announced that it has achieved ISO/IEC 27001 certification for its advanced card personalization center outside Toronto, Ontario, Canada. This is the first card personalization center in Canada to receive the ISO designation. Gemalto adds this to existing certifications from Visa and MasterCard, demonstrating its commitment to exceeding the personalization needs of financial institutions in Canada.
"Our advanced center meets the most stringent standards for security, quality, equipment and processes specified from ISO, Visa and MasterCard. These certifications ensure our banking customers the highest confidence that their customers' data is protected through every step of the personalization process," said Francois Lasnier, vice president of banking for Gemalto.
The new certification, ISO/IEC 27001, is a globally recognized certification that details stringent requirements for the implementation of an information security management system, including security policy, organizational and personnel security, communications and operations management, as well as business continuity management.
Through its personalization center, Gemalto is assisting Canadian financial institutions as they begin converting an estimated 100 million magnetic stripe cards to microprocessor-based smart cards based on standards from Visa, MasterCard and others (EMV). Gemalto prepares and personalizes the smart banking cards, which includes loading appropriate cardholder data, and then packaging and sending the cards to banks or directly to cardholders.
"Our experience and capability, backed by globally recognized certifications, prepares us well to collaborate with Canadian financial institutions to ensure that the predetermined migration to smart payment cards is smooth and successful," added Lasnier.
About Gemalto
Gemalto (Euronext NL 0000400653 GTO) is a leader in digital security with pro forma 2005 annual revenues of $2.2 billion, operations in 120 countries and 11,000 employees including 1,500 R&D engineers. The company's solutions make personal digital interactions secure and easy in a world where everything of value -from money to identities- is represented as information communicated over networks.
Gemalto thrives on creating and deploying secure platforms, portable and secure forms of software in highly personal objects like smart cards, SIMs, e-passports, readers and tokens. More than a billion people worldwide use the company's products and services for telecommunications, banking, e-government, identity management, multimedia digital right management, IT security and other applications. Gemalto was formed in June 2006 by the combination of Axalto and Gemplus International S.A. For more information please visit www.gemalto.com.
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