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Subject: [announce] OASIS Member News: VordelSecure released at RSA Conference- Product addresses necessity
February 19 2002 - San Jose, Calif. - Vordel, the Web services security company, today announced the release of VordelSecure, the XML security framework, at the RSA Security Conference in San Jose. A new wave of XML-enabled software is currently being deployed in the marketplace. These products create new efficiencies, but also new security challenges. VordelSecure addresses these challenges directly, by ensuring that all XML-communications into an enterprise pass through a rigorous set of credential checks. This protects organizations from the new types of security attacks that are now possible by XML and Web Services. In addition to credential checking, VordelSecure creates a digitally-signed audit trail, which is an increasing requirement for systems both behind and outside the firewall. "VordelSecure uses technologies such as SOAP and digital signatures, implemented in a vendor-neutral fashion. The focus is on speed, to ensure that security is not a performance bottleneck for Web services", said Mark O'Neill, CTO at Vordel. Gartner Inc. estimates that by 2005, IT development projects that use Web services will enjoy a 30 percent increase in efficiency. "However, a key issue impeding the adoption of Web services is the potential threat posed to security", said Vic Wheatman, Vice President and Research Area Director, Gartner. "Software vendors must address the needs of companies seeking to bolster this expansion of XML technology with security specifically designed for Web services." "VordelSecure can be used to guard against attacks on Web Services which take place at the data level. Security for SOAP involves not just cryptography, but also inspection of message content," O'Neill said. "Whilst SOAP allows legitimate business partners free entry to remotely activate code and exchange information, it also opens the door to unwelcome attacks." Commenting on the new release, Annrai O'Toole, CEO of Web Services software vendor Cape Clear Software, said that "Web services provide a universal framework for linking together disparate IT systems and applications. This singular value proposition is set to drive adoption of Web Services faster than any previous development model, bar none. "As companies build out Web Services both inside the firewall and on the Internet they need additional qualities of service," continued O'Toole. "Vordel's focus on the provision of Web Services security provides a tailored framework that meets the specific demands of what is a new design center." About Vordel Vordel is the Web services security company developing products that provide security, accountability, integration and performance for business transactions over the Internet. VordelSecure, the XML security framework, enables companies to integrate business applications securely over the Web. Vordel is a privately held company headquartered in Dublin, Ireland with offices in Boston, Massachusetts and London, England. Institutional investors in Vordel include DrKW, Elderstreet VC, ICC Venture Capital, the Intel IA64 fund, and the Powerscourt Fund. Additional information about Vordel is available at www.vordel.com
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