U.S. Federal Government Approves REALSEC Cryptographic Solutions and Appliances
Earlier this year we were pleased to learn that REALSEC has been awarded a General Service Administration (GSA) Schedule Contract to supply our crypto products to federal, state, local and tribal governments.
The process involved very exhaustive screening by the U.S. government. We had to prove not only that our products meet the quality standards required, but also that REALSEC is a robust company with a healthy financial situation and excellent customer references around the globe. Many companies are not capable of fulfilling all these requirements, but we successfully made it through the evaluation, a great validation of our company’s dedication to providing not only excellence in technology but in customer service.
This strengthens our leadership in the security market for the public sector and federal agencies, and positions REALSEC as a solid and trustworthy alternative in the highly competitive U.S. market.
A very exciting development is that this approval will also allow REALSEC to drive the adoption of EMV smart cards – a controversial, yet unstoppable migration in the U.S. – and digital signature, currently only used by the U.S. Government, but which is beginning to reach the financial industry.
With more than 12,000 banks that are required to migrate to EMV smart cards, the U.S. market represents one of the largest opportunities for REALSEC’s all-in-one proven encryption solutions, which has been used for more than 10 years in financial institutions in Europe and South America.
The digital signature market is another huge market that will benefit from our solutions, as currently available products are focused on people individually signing documents, and were not designed for signing at a corporate or enterprise level.
Stay tuned as we continue to disrupt the current status quo by providing all-in-one solutions that include pre-installed and pre-integrated hardware, software and HSM, for rapid implementation and deployment, and strong ROI.