GAS serves many of Brazil’s financial institutions and protects nearly 70% of the country’s Internet banking transactions. The company specialises in providing security solutions for Internet and mobile banking which aim to prevent various types of fraud, such as phishing, pharming and key logging. It also offers a consulting service that allows clients to stay up-to-date and educated on current threats in the industry.
“This acquisition marks an exciting time for our company as we look forward to continued growth in the Brazil market,” said Thomas W. Swidarski , Diebold president and chief executive officer. “During the past several years, we have experienced great success in this region, and we are confident that GAS will be a meaningful addition to Diebold as we expand our security expertise and industry knowledge in Brazil. Looking ahead, we intend to provide breadth for GAS technology solutions and deliver similar offerings to Latin America and other international markets.”
Headquartered in Canton, Ohio, Diebold provides integrated self-service delivery and security systems and services, employing more than 16,000 people with representation in nearly 90 countries.