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Thales delivers trust and security to internet-based Kakao BankSAN JOSE, Calif., Sept. 18, 2017 /PRNewswire/ -- Thales, a leader in critical information systems, cybersecurity and data security, announces Kakao Bank, Korea's digital-only bank, is deploying Thales nShield hardware security modules (HSMs) to secure the foundation of its banking systems. The nShield HSM, which is FIPS 140-2 Level 3 certified, delivers key management and data encryption, including mobile user authentication. Kakao Bank's financial services are conducted exclusively through mobile applications. The mobile-only nature of the technology lends particular urgency to the need for robust protection of the data used. The nShield HSM provides a hardened, tamper-resistant platform for performing functions including encryption, digital signing, and key generation and protection. nShield HSMs support an extensive range of applications, including certificate authorities, code signing or any other application that uses digital keys, either on premises, or in virtual or cloud environments. For a company like Kakao Bank, the nShield HSM was considered optimal because of its reputation for protecting data across devices, processes, platforms and environments. The solution helps financial service providers protect their customers, meet government and industry compliance standards, facilitate security auditing and avoid the damage to reputation caused by data breaches. Kee Tae Kim, Director for Thales eSecurity in Korea says: Follow Thales eSecurity on Twitter @Thalesesecurity, and on LinkedIn, Facebook and YouTube. About Thales eSecurity About Thales Positioned as a value-added systems integrator, equipment supplier and service provider, Thales is one of Europe's leading players in the security market. The Group's security teams work with government agencies, local authorities and enterprise customers to develop and deploy integrated, resilient solutions to protect citizens, sensitive data and critical infrastructure. Thales offers world-class cryptographic capabilities and is a global leader in cybersecurity solutions for defence, government, critical infrastructure providers, telecom companies, industry and the financial services sector. With a value proposition addressing the entire data security chain, Thales offers a comprehensive range of services and solutions ranging from security consulting, data protection, digital trust management and design, development, integration, certification and security maintenance of cybersecured systems, to cyberthreat management, intrusion detection and security supervision through cybersecurity Operation Centres in France, the United Kingdom, The Netherlands and Hong Kong.
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