This site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.X

#DigiNotar declared bankrupt

Share this article:

Dutch certificate authority (CA) DigiNotar has been declared bankrupt by the Haarlem District Court.


In a statement by its parent VASCO Data Security, it said that a bankruptcy trustee and a bankruptcy judge have been appointed to manage all affairs of DigiNotar as it proceeds through the bankruptcy process. This is effective as of the beginning of business today where the trustee has taken over the management of DigiNotar's business activities.


T. Kendall Hunt, VASCO's chairman and CEO, said: “Although we are saddened by this action and the circumstances that necessitated it, we would like to remind our customers and investors that the incident at DigiNotar has no impact on VASCO's core authentication technology.


“The technological infrastructures of VASCO and DigiNotar remain completely separated, meaning that there is no risk for infection of VASCO's strong authentication business. In addition, we plan to cooperate with the trustee and the judge to the fullest extent reasonably practicable to bring the affairs of DigiNotar to an appropriate conclusion for its employees and customers. We also plan to cooperate with the Dutch government in its investigation of the person or persons responsible for the attack on DigiNotar. ”


VASCO president and COO Jan Valcke, said that the company had no plans to re-enter the CA business in the near future and it expected that it will integrate the PKI/identity verification technology acquired from DigiNotar into its core authentication platform.


Cliff Bown, VASCO's executive vice president and CFO, said: “We are working to quantify the damages caused by the hacker's intrusion into DigiNotar's system and will provide an estimate of the range of losses as soon as possible.”

Share this article:

SC webcasts on demand

This is how to secure data in the cloud


Exclusive video webcast & Q&A sponsored by Vormetric


As enterprises look to take advantage of the cloud, they need to understand the importance of safeguarding their confidential and sensitive data in cloud environments. With the appropriate security safeguards, such as fine-grained access policies, a move to the cloud is as, or more, secure than an on-premise data storage.


View the webcast here to find out more

More in News

Google chairman sees future of 'unbreakable' encryption

Google chairman sees future of 'unbreakable' encryption

Google chairman Eric Schmidt believes that unbreakable encryption will become reality in 'our lifetime'.

Mobile flaw means 92% of Gmail accounts are hackable

Mobile flaw means 92% of Gmail accounts are ...

Researchers with the University of California's College of Engineering and the University of Michigan have identified a weakness they believe exists across Android, Windows and iOS operating systems that could ...

Heartbleed: Still a security risk

Heartbleed: Still a security risk

The Heartbleed security issue may be six months old, but it remains a major problem.