Electronic security firm DigiNotar bankrupt

20th September 2011, Comments 0 comments

Dutch internet support company DigiNotar was officially declared bankrupt in the Haarlem on Tuesday. US mother company Vasco DataSecurity, which operates in more than 100 countries, made the announcement today.

DigiNotar was recently in the news after Iranian hackers succeeded in breaking into security certificates issued by the company, which had many governmental departments in its client base.

Telecom watchdog OPTA ordered the company to revoke security certificates it had already issued and ruled that it was not permitted to give out new ones. Earlier, Interior Minister Piet Hein Donner had expressed no confidence in the company.

DigiNotar is a wholly-owned subsidiary of Vasco, which has vowed to fully cooperate with the appointed receiver and bankruptcy judge to ensure the employees get a reasonable severance package.

Vasco issued a statement on their website today, stessing that the incident at DigiNotar "has no impact" on its 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."

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