Entrust standard SSL certificates to secure Web site of India's second
DALLAS, Dec. 18 /CNW/ -- ICICI Bank, one of India's largest private
sector banks with assets of more than $92 billion, has selected Entrust, Inc.
[Nasdaq: ENTU] to provide standard SSL certificates -- a key component of a
layered security approach -- to protect their valuable customer data when
conducting transactions on the institution's Web site.
As part of the agreement, ICICI Bank standardized on Entrust SSL
certificates for a five-year contract period. In addition, IndusFace
Consulting -- a local registration authority (LRA) of Entrust in India -- will
provide the verification services for issuing the certificates, as well as
provide local support to meet the needs of ICICI Bank. ICICI Bank cited
Entrust SSL certificates as being more cost-effective and included the ability
to easily manage certificate lifecycles through the Entrust Certificate
"ICICI Bank understands the value of providing a trusted environment that
helps protect against online fraud schemes," said Entrust Chairman, President
and Chief Executive Officer Bill Conner. "We applaud ICICI Bank for taking a
proactive step to help address fraud by implementing cost-effective SSL
certificates that better serve the needs of their overall security approach.
Based on their current purchase they have the ability to upgrade to extended
validation SSL certificates when the time is right."
The Entrust Certificate Management Service features a self-service tool
that helps streamline the procurement and administration of SSL certificates.
Acting as a centrally managed, self-service system, the Certificate Management
Service reduces administrative hassles and lessens the risk of inadvertent
certificate expiration by allowing customers to synchronize and control the
timing of SSL certificate expiration. The Certificate Management Service also
enables administrators to "re-use" or "recycle" their SSL certificates to
maximize usage and minimize costs.
ICICI Bank is India's second-largest bank with total assets of $92
billion. ICICI Bank is the most valuable bank in India in terms of market
capitalization and is ranked third amongst all the companies listed on the
Indian stock exchanges in terms of free-float market capitalization. The bank
has a network of about 950 branches and 3,300 ATMs in India and presence in 17
countries. ICICI Bank offers a wide range of banking products and financial
services to corporate and retail customers through a variety of delivery
channels, specialized subsidiaries and affiliates in the areas of investment
banking, life and non-life insurance, venture capital and asset management.
ICICI Bank's equity shares are listed in India on the Bombay Stock
Exchange and the National Stock Exchange of India Limited, and its American
Depositary Receipts (ADRs) are listed on the New York Stock Exchange (NYSE).
Entrust [NASDAQ: ENTU] secures digital identities and information for
consumers, enterprises and governments in 1,650 organizations spanning 60
countries. Leveraging a layered security approach to address growing risks,
Entrust solutions help secure the most common digital identity and information
protection pain points in an organization. These include SSL, authentication,
fraud detection, shared data protection and e-mail security. For information,
call 888-690-2424, e-mail firstname.lastname@example.org or visit http://www.entrust.com.
For further information:
For further information: Brooke Hamilton, Media Relations of Entrust,
Inc., +1-972-713-5915, email@example.com Web Site: