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VeriSign, Inc.: VeriSign(R) Identity Protection Offers Second Layer of Protection for Small Businesses Deploying New Cisco SA 5

^{Published on 2009-09-24 05:30:27 - Market Wire}
 

MOUNTAIN VIEW, CA--(Marketwire - September 24, 2009) - VeriSign, Inc. (NASDAQ: [ VRSN ]), the trusted provider of Internet infrastructure for the networked world, today announced that its VeriSign® Identity Protection (VIP) strong authentication is poised to help more small businesses protect their networks and employees from security threats.

VeriSign is embedding optional VIP authentication functionality into the new [ Cisco Small Business Pro SA 500 Series Security ] appliances, making it easier than ever for small businesses to provide employees with remote access to VPNs while protecting against email account takeover and other Internet threats. The optional VIP authentication service uses a proven solution to increase protection of business data and can be rapidly deployed with a single click.

VIP Authentication Service offers an additional layer of protection to any number of employees, partners or customers -- anyone who needs highly secure remote access to an organization's network. Two-factor authentication works by requiring each user to provide not just a username and password, but also a unique one-time six-digit security code generated by a user's VIP authentication credential.

Though businesses can leverage VIP credentials in many form factors, including traditional hardware tokens and credit card-sized credentials, many are opting to utilize VIP Access for Mobile, a free, easy-to-install mobile application. VIP Access for Mobile transforms more than 200 different mobile devices into VIP authentication credentials. The application costs nothing for businesses to deploy and is available now to mobile end-users at [ http://m.verisign.com ] and the iTunes® application store for iPhone™ users.

VeriSign also makes two-factor authentication more affordable by reducing the time and costs associated with managing the lifecycle of VIP authentication credentials. Through the VIP Authentication Service, VeriSign takes care of every aspect of credential lifecycle management, including issuance, synchronization, revocation, replacement, tracking and auditing.

"To legitimately safeguard business networks and the data that resides in them, companies can no longer rely on simple username and password sign-ons," said Kerry Loftus, vice president of Consumer Authentication Solutions at VeriSign. "With VIP authentication, we're helping small businesses remain a step ahead of attacks that could have serious financial and competitive implications. And with VIP, the process of implementing and managing two-factor authentication has never been easier or less costly."

VIP Authentication Service is increasingly popular among online merchants, financial institutions and government agencies the world over. A valid VIP authentication credential can allow users to authenticate themselves across any VIP-enabled Web site. That makes it more convenient for users to adopt two-factor authentication into their online routine. For online businesses, joining the VIP Network helps distribute the costs of stronger authentication.

About VeriSign

VeriSign, Inc. (NASDAQ: [ VRSN ]) is the trusted provider of Internet infrastructure services for the networked world. Billions of times each day, VeriSign helps companies and consumers all over the world engage in communications and commerce with confidence. Additional news and information about the company is available at [ www.verisign.com ].

Statements in this announcement other than historical data and information constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements involve risks and uncertainties that could cause VeriSign's actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, the uncertainty of future revenue and profitability and potential fluctuations in quarterly operating results due to such factors as the inability of VeriSign to successfully develop and market new products and services and customer acceptance of any new products or services, including VeriSign Identity Protection services; the possibility that VeriSign's announced new services may not result in additional customers, profits or revenues; and increased competition and pricing pressures. More information about potential factors that could affect the company's business and financial results is included in VeriSign's filings with the Securities and Exchange Commission, including in the company's Annual Report on Form 10-K for the year ended December 31, 2008 and quarterly reports on Form 10-Q. VeriSign undertakes no obligation to update any of the forward-looking statements after the date of this press release.

©2009 VeriSign, Inc. All rights reserved. VeriSign, the VeriSign logo, the Checkmark Circle, and other trademarks, service marks, and designs are registered or unregistered trademarks of VeriSign, Inc., and its subsidiaries in the United States and in foreign countries. All other trademarks are property of their respective owners.