
1. Technology overview
Versasec AB is a credential management software company based in Stockholm, Sweden, whose site shows copyright from 2007. It addresses the difficulty of issuing and managing smart cards, security keys and virtual credentials for staff.
Its flagship vSEC:CMS manages PKI, PIV and FIDO2 credentials, smart cards, tokens and RFID devices, and lets employees self-issue authentication devices. vSEC:CLOUD offers a hosted subscription, and vSEC:CMS Identity is an add-on authentication server for passkey adoption. It integrates with Microsoft Entra ID and Active Directory, and offices include Kuala Lumpur.
2. Highlighted features & specifications
- Credential lifecycle: Issue and manage PKI, PIV and FIDO2 credentials, smart cards, tokens and RFID devices.
- Self-issuance: Staff enrol their own authentication devices.
- FIDO2 controls: PIN unblock, relying-party allow lists and fingerprint enrolment control.
- Passkey server: vSEC:CMS Identity adds an authentication server for passkeys.
- Cloud option: vSEC:CLOUD hosted in a virtual private cloud.
- Audit and migration: Audit trails, reporting and migration from Microsoft MIM/FIM.
3. Potential application
A Vietnamese bank or enterprise can roll out FIDO2 security keys to staff with self-service enrolment. A manufacturer using Microsoft Entra ID can issue passkeys for shared-workstation logins. A government unit can manage smart cards for PKI-based access.
4. Benefits
Self-issuance lets employees set up authentication devices without IT intervention, reducing helpdesk load. FIDO2 controls such as PIN unblock and relying-party allow lists give administrators policy control. A free evaluation download is offered. A Malaysian office and a Southeast Asia distribution partnership support regional buyers.
5. Market trends & opportunities
Phishing-resistant authentication with security keys and passkeys is being driven by regulation such as NIS2 and GDPR in Europe, and regional banks and enterprises in Southeast Asia are exploring FIDO2. The partnership with D2G Security targets Indonesia, the Philippines and Thailand.
6. Other information
Headquartered in Stockholm with offices in Austin, Waterlooville, Cairo, Kuala Lumpur and Merseburg. Appointed Petra Colleen to its board in July 2026 and shows a 2026 GLOBEE cybersecurity award badge.
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