"It is an honour to be recognized by SC Magazine for providing the best identity management solution," said Mike Davies, VeriSign Identity Protection Director, EMEA. "At VeriSign, we are focused on making the internet safer by providing solutions that allow online retailers and their customers the protection they need to feel secure online."
VeriSign was chosen for the award by a panel of judges comprised of industry IT leaders in financial services, telecoms and technology. The awards highlight and showcase the best solutions, services and professionals while recognising achievement and technical excellence in the information security industry. Competing against five other identity management technologies, the VIP Authentication Service was recognised for embracing open standards, allowing businesses to easily issue and/or accept multiple credentials and its shared validation infrastructure.
"The awards ceremony was fantastic. Our winners were chosen from some truly outstanding finalists," said Paul Fisher, editor of SC Magazine. "The judges had a tough time choosing the eventual winners. The industry is in great health."
Based on open standards, the VIP Authentication Service is a two-factor authentication solution fully hosted by VeriSign that supports a wide choice of credentials including standalone tokens, credit card sized devices and mobile phones. The VIP Authentication Service is deployed on the VIP Network, which means consumers can use a single security device to authenticate themselves across any VIP-enabled Web site. By leveraging a shared security and logistics infrastructure, VIP makes it simpler and more cost-effective for companies to implement stronger authentication. For organizations, membership in the VIP Network helps distribute the costs of strong authentication, thus accelerating its inevitable acceptance in the global marketplace.
More information and a detailed list of categories and winners can be found at http://scmagazine.com/uk/news/article/804222/sc-awards-europe-2008-winners-announced/.
About SC Magazine
SC Magazine provides IT security professionals with in-depth and unbiased information through timely news, comprehensive analysis, cutting-edge features, contributions from thought leaders and the best, most extensive collection of product reviews in the business. By offering a consolidated view of IT security through independent product tests and well-researched editorial content that provides the contextual backdrop for how these IT security tools will address larger demands put on businesses today, SC Magazine enables IT security pros to make the right security decisions for their companies. The brand's portfolio includes the SC Magazine Awards, SC Directory, SC Magazine Newswire and SC Magazine IT Security Executives Forums.
About VeriSign, Inc.
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 the VeriSign Identity Protection Authentication Service; 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, 2007 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.
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