Veracode Announces SecureKey Technologies Inc., PagosOnLine, and On-Line Strategies as the Winners of Its Inaugural Secure Development Award
BURLINGTON, Mass.--( BUSINESS WIRE)--Veracode, Inc., the leader in cloud-based application security testing, has named SecureKey Technologies Inc., PagosOnLine, and On-Line Strategies the most secure developers of 2012 for their commitment to building secure applications. Veracode instituted the annual award to recognize companies that have the most securely developed software applications in the small to mid –size business category. SecureKey Technologies Inc., PagosOnLine, and On-Line Strategies had the fewest flaws per megabyte of code when evaluated by Veracode out of 18,000 total applications scanned.
“We’ve created this award to recognize developers’ successes in properly implementing security features during the software development lifecycle,” said Veracode Co-Founder, CISO and CTO, Chris Wysopal. “Historically, security professionals used scanning and application testing tools to only point out flaws in the development process, but we believe this award will help recognize the positive work that developers are doing and celebrate our customer’s dedication to application security.”
SecureKey Technologies, Inc., a developer of software solutions that extend the power of chip-based identity and payment technologies to online and mobile transactions, PagosOnLine, a payment system that allows people access to e-commerce without having a credit card, and On-Line Strategies, a software and services company focused on processing complex, large volume and ultra, high-speed transactions in mission critical environments, each use Veracode to identify and fix security vulnerabilities. They also receive recommendations from Veracode on how to remediate applications quickly and produce more secure software.
The Most Secure Development Award honors Veracode’s small and mid-sized customers that have the highest security quality applications. To determine the winners, Veracode analyzed all of the applications scanned over the last three years; including applications built in Java, .Net, C, and C++, and calculated the flaw density of each application.
“As a provider of retail payments processing software, application security is extremely important to us. We depend on Veracode to ensure each of our PCI-related products is certified and audited,” said David Bergert, On-Line Strategies [OLS] Chief Technology Officer. “Receiving the Secure Development Award affirms our dedication to the highest standards and further assures our customers that payments software from OLS will always be secure and PCI /PA-DSS compliant.”
“We are honoured to have been selected for the Secure Development Award,” says SecureKey Technologies Inc., CEO Greg Wolfond. “We strive to allow our customers to use real-world payment and identity credentials with secure and convenient access, and this award will further demonstrate how safe, yet convenient, our applications are.”
This is the first year the Secure Development Awards has been presented. Winners were selected from a pool of Veracode’s 600 small and medium business customers. For more information on the award and the selection process, please visit: http://www.veracode.com/awards-recognition/secure-development-award.html.
About On-Line Strategies
Since 1996, On-Line Strategies has been serving the financial services, merchant retail and healthcare industries with retail payments and adjudication systems, loyalty and related value-add applications, strategic and technical business process consultation, and round-the-clock production support services. Many of North America’s most demanding companies depend on OLS for open architecture solutions and legacy system alternatives that offer proven performance, flexibility and the lowest cost of ownership. Any organization offering cash and non-cash payment alternatives to its customers may benefit from OLS’ capabilities: from banks and financial services providers to multi-store retailers; from pharmacies to fuel-based convenience stores; from insurance companies to colleges and universities; and more. www.olsdallas.com
Pagosonline is one of the leading payment service providers in Latin America. Pagosonline integrates different payment solutions such as local credit cards, bank transfers and cash payments, allowing over 6,000 e-commerce sites to receive payments through different channels. Pagosonline permits international e-commerce sites to receive local payments in Latin America thus reducing their risk due to online fraud and increasing their sales by reaching non-international credit card holder clients. For more information, visit www.pagosonline.com.
About SecureKey Technologies Inc.
SecureKey provides an innovative platform-as-a-service for authentication, payment and identity. By embedding its security client in laptops, tablets, and mobile devices, SecureKey enables partners to deliver scalable, easy to use solutions with the security of chip-based identity and payment credentials. Financial institutions, healthcare providers, telecoms, and government organizations are using SecureKey today to provide two-factor and federated authentication and identity solutions. SecureKey is a privately held company based in Toronto, Canada, with backing from leading technology, payments and mobile industry network providers.
Veracode is the only independent provider of cloud-based application intelligence and security verification services. The Veracode platform provides the fastest, most comprehensive solution to improve the security of internally developed, purchased or outsourced software applications and third-party components. By combining patented static, dynamic and manual testing, extensive eLearning capabilities, and advanced application analytics, Veracode enables scalable, policy-driven application risk management programs that help identify and eradicate numerous vulnerabilities by leveraging best-in-class technologies from vulnerability scanning to penetration testing and static code analysis. Veracode delivers unbiased proof of application security to stakeholders across the software supply chain while supporting independent audit and compliance requirements for all applications no matter how they are deployed, via the web, mobile or in the cloud. Veracode works with customers in more than 80 countries worldwide representing Global 2000 brands. For more information, visit www.veracode.com, follow on Twitter: @Veracode or read the Veracode Blog.
Copyright © 2012 Veracode, Inc. All Rights Reserved. All other brand names, product names, or trademarks belong to their respective holders.
Ellen Moss (U.S.)