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Adrian Kingsley-Hughes

DigiNotar files for bankruptcy following hack attack

By | September 20, 2011, 5:33am PDT

Summary: Hack attack results in certificate authority bankruptcy.

Dutch certificate authority DigiNotar, the company hit by a cyber attack that caused fraudulent SSL certificates to be leaked into the wild, has filed for bankruptcy.

The hack was discovered July 19, and after 531 fake certificates were issued. Details of the hack weren’t made public until August.

“Although we are saddened by this action and the circumstances that necessitated it,” said T. Kendall Hunt, VASCO’s Chairman and CEO, “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.”

Note: DigiNotar is a subsidiary of VASCO.

Jan Valcke, VASCO’s President and COO, added the following:

“While we do not plan to re-enter the certificate authority business in the near future, we expect that we will be able to integrate the PKI/identity verification technology acquired from DigiNotar into our core authentication platform. As a result, we expect to be able to offer a stronger authentication product line in the coming year to our traditional customers.”

As pointed out by F-Secure’s Mikko Hypponen on Twitter, DigiNotar is not the first company to go to the wall following a cyber attack:

Diginotar is not the first company forced to shut down because of online attacks. CloudNine and Blue Frog come to mind. There are others.

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Adrian Kingsley-Hughes is an internationally published technology author who has devoted over a decade to helping users get the most from technology.

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Adrian Kingsley-Hughes

All opinions expressed on Hardware 2.0 are those of Adrian Kingsley-Hughes. Every effort is made to ensure that the information posted is accurate. If you have any comments, queries or corrections, please contact Adrian via the email link here. Any possible conflicts of interest will be posted below. [Updated: February 23, 2010] - Adrian Kingsley-Hughes has no business relationships, affiliations, investments, or other actual/potential conflicts of interest relating to the content posted so far on this blog.

Biography

Adrian Kingsley-Hughes

Adrian Kingsley-Hughes is an internationally published technology author who has devoted over a decade to helping users get the most from technology -- whether that be by learning to program, building a PC from a pile of parts, or helping them get the most from their new MP3 player or digital camera.

Adrian has authored/co-authored technical books on a variety of topics, ranging from programming to building and maintaining PCs. His most recent books include "Build the Ultimate Custom PC", "Beginning Programming" and "The PC Doctor's Fix It Yourself Guide". He has also written training manuals that have been used by a number of Fortune 500 companies.

Adrian also runs a popular blog under the name The PC Doctor, where he covers a range of computer-related topics -- from security to repairing and upgrading.

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RE: DigiNotar files for bankruptcy following hack attack
DAvenger 20th Sep
Prediction --- VASCO will soon follow. They are the ones that will be sued since DigiNotar is out of the picture now.
There's a shocker.
@Cylon Centurion
... how do you say "warm fuzzies" in Dutch?
sad
Good riddance.
Its ther own fault should have made hack public within 24 hours or less & canceled all certificates.
Prediction --- VASCO will soon follow. They are the ones that will be sued since DigiNotar is out of the picture now.

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