Investcorp Technology Partners has agreed to purchase an equity stake in CSIdentity, an identity theft and fraud protection service based out of Austin, Texas. Ivestcorp’s Fund III has invested $35 million in the company which services the U.S. with identity and theft software solutions and datasets.

With identity theft a fast growing crime, the market for CSIdentity is predicted to grow over 20% per year servicing everyone from multi-billion dollar corporations and government agencies to small businesses and consumers across every U.S. state. 

VASCO Data Security announced new service learning programs now available with its Security Experts Academy & eLearning (SEAL) software. In addition to now offering IDENTIKEY Server 3.1 e-learning, Vasco has expanded its training capacity with new VASCO Authorized Training Centers (VATC) in the UK and Middle East.

IDENTIKEY, a comprehensive authentication server for network and application security, offers OTP and e-signatures to clients. The IDENTIKEY Server 3.1 web-based e-learning module leads students and partners through online tutorials for IDENTIKEY Server Certification. 

Arcot, a leader in fraud prevention technology, announced an EMV authentication solution for MasterCard holders. ArcotOTP is a mobile application designed to lower the cost of providing EMV authentication and provides increased convenience for cardholders on the go.

ArcotOTP uses the Chip Authentication Program in its application which enables cardholders to authenticate themselves using existing EMV banking cards and a personal card reader. The Chip Authentication Program differs from standard authentication in allowing part of the transaction data to be included in generation of the password. This results in a unique signature for each cardholder transaction. 

Maryland’s government unveiled a new set of policies for the state’s cybersecurity industry, according to a news report on NewsChannel8.com.

The plan would begin with the creation of a national center for excellence in cybersecurity including an incubator, laboratory testing facilities and a council to advise the government and state leadership. 

MXI Security introduces the Stealth MXP Bio encrypted USB drive, its latest development of portable security solutions. Featuring both biometric and advanced password technology, the MXP Bio provides one, two or three-factor authentication.

The device combines the storage capacity of a standard USB with secure identity features such as digital signatures and on-board key generation. 

VASCO Data Security expanded its DIGIPASS Pack with a new IDENTIKEY based version. The new packs feature software with DIGIPASS GO6 authenticators, a total solution that can address the security needs of small enterprises.

DIGIPASS Pack for Remote Authentication provides customers with an extra security layer for corporate networks and data in mission-critical applications. By incorporating IDENTIKEY into the DIGIPASS Pack product line, newer operating systems such as Windows Server 2008 can be supported. 

Won J. Jun, an expert in smart card systems and Identity and access management, has joined ID Technology Partners. Jun’s record includes working on government and commercial contracts including federal, state, military, telecommunications, energy, transit and financial sector projects.

ID Technology Partners is a consulting firm with a focus on the secure authentication industry. Jun has experience in elements such as smart cards, public key infrastructure, ID credentialing, biometrics, independent verification and electronic benefits transfer.