First India-made security token from Moser Baer

Tech-manufacturing company Moser Baer has launched Crypto token that would help the e-commerce and digital world to ward off security challenges such as misuse of digital signatures, account hacking, network snooping, etc.

With this, the company becomes the first domestic brand to launch information-
security token with 80 KB memory to augment the Government’s thrust on domestic manufacturing, a statement said.

This will be the first security token for digital signature and e-commerce applications in the information security solutions segment to be manufactured in India with local sales, service and system integration support.

Moser Baer Crypto token has been introduced in India in technical collaboration with Giesecke & Devrient, one of the leading technology providers from Germany.
Keeping in mind that the e-commerce industry has grown from $3.8 bn in the year 2009 to $ 9.5 bn in 2013, the launch comes at an opportune time.

Deepak Shetty, senior VP, domestic sales and marketing, Moser Baer said, “The new Government has taken multiple steps towards fastening of process and we feel advent of Crypto Token will provide the adequate security impetus to the movement. The market is flourishing in India and we aim to exploit the potential by providing an end-to-end, high-quality, easy to use and reliable product supported by a wide-spread service and sales network.”

Colin Mayne, M D, Giesecke & Devrient India, said: “Moser Baer is our trusted partner in this uniquely challenging market. They are finding creative ways to make security technology relevant to Indian businesses. Our collaboration will continue to bring great products to market in the years ahead."

Moser Baer Crypto Token comes with 1 year replacement warranty and is
available at Rs 600 at Moser Baer’s dealer outlets and at
http://shop.moserbaer.in.