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SSH COMMUNICATIONS SECURITY RECEIVES A SIGNIFICANT ORDER FOR UNIVERSAL SSH KEY MANAGER™ SERVICES FROM MAJOR FINANCIAL INSTITUTION

Helsinki, Finland, 2013-05-22 08:30 CEST (GLOBE NEWSWIRE) -- SSH COMMUNICATIONS SECURITY CORPORATION COMPANY ANNOUNCEMENT MAY 22, 2013 AT 9:30 A.M.

SSH COMMUNICATIONS SECURITY RECEIVES A SIGNIFICANT ORDER FOR UNIVERSAL SSH KEY MANAGER™ SERVICES FROM MAJOR FINANCIAL INSTITUTION

A major financial institution has placed a significant order for Universal SSH Key Manager™ Services. Contract value for this new order for services is approximately EUR 1.6 million (USD 2.0M). The revenue will be recognized during fiscal year 2013.

A typical SSH key remediation project includes securing IT systems from both virus attacks and insider threats arising from unmanaged legacy keys, including e.g.

  • moving user authentication keys to protected locations, to prevent insider attacks;
  • removing keys that are no longer needed, to effect proper termination of access;
  • changing all keys so that copied keys cease to work, to eliminate existing backdoors;
  • continuous monitoring and enforcement of proper approvals.

Additionally, setting up new SSH keys or other trust relationships is typically automated to save costs and improve security.

Universal SSH Key Manager™ software helps organizations of all sizes to manage their cryptographic keys and access to large IT environments. The product is unique in being able to simultaneously manage, deploy, audit and rotate user authentication keys for large scale SSH environments.


Helsinki 22.5.2013

SSH COMMUNICATIONS SECURITY CORPORATION

Tatu Ylönen CEO

Further info: Tatu Ylönen, CEO. Tel. +358 20 500 7000 Jyrki Lalla, CFO. Tel. +358 45 340 4641

Distribution: NASDAQ OMX Helsinki Oy Major media www.ssh.com