News

I-S-Cubed ships ATM remote key mngt. system

May 24, 2004

SAN JOSE, Calif. - I-S-Cubed Inc. (iS3), a provider of secure key management solutions for network-connected devices, will ship an open, multi-vendor secure key management system to a customer on May 28.

Partnering with Mosaic Software, the transaction processing software provider, and Diebold, Incorporated, I-S-Cubed will deliver its SecureOMS ATMs system to one of the nation's largest credit unions.

According to a news release, the Triple DES-compliant system will be used to automatically update cryptographic keys on its fleets of ATMs, eliminating the need for the credit union to send teams of people to manually change them on each ATM. The system will also simplify and streamline security audits, producing a menu of reports and key management activity.

Current 3DES and Unique Key Per Device (UKPD) mandates require financial institutions and other ATM operators  to support Triple DES keys and also to load unique keys into each ATM terminal. I-S-Cubed's SecureOMS ATMs can reduce operating costs in most installations by replacing the currently manual process with secure remote key management from the host location.

"Not only is this product shipment the first for our company focused on ATMs, it is the first time any product like it, with its open architecture and advanced feature set, has been delivered to a customer in the world," said Joerg Ferchau, I-S-Cubed's chief executive. "Now, financial institutions can feel confident that the keys to their network-connected devices are absolutely protected, while benefiting from the substantial cost savings provided by automatic secure key generation and delivery."

Announced last November, I-S-Cubed's partnership with Mosaic was important not only for making sure SecureOMS seamlessly interfaced with its Postilion platform, but also resulted in a joint sale to this credit union. I-S-Cubed also worked with Diebold to utilize Diebold's patented Remote Key Transport technology to ensure that the SecureOMS system supported Diebold machines.

Included In This Story

---

Diebold Nixdorf

As a global technology leader and innovative services provider, Diebold Nixdorf delivers the solutions that enable financial institutions to improve efficiencies, protect assets and better serve consumers.

Request Info

Learn More