Posted on Monday, September 26th, 2011 at 3:56 pm
A Dutch company owned by that Illinois-based Vasco Data Security, DigiNotar, has announced that they filed for bankruptcy last week.
DigiNotar is a certificate authority company that works to provide digital security certificates for many domains that are owned by the Dutch government.
Last summer, a breach in the system lead to a major hack. The cause of the breach was said to be due to lax security. This hack in the system allowed for 500 fraudulent sites for major internet companies such as Skype and Google.
This allowed for third party sites to pose as the legitimate sites. This caused the company’s integrity to be questioned and the Dutch government left the business. DigiNotar was not able to recover and have recently filed for bankruptcy.
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