VeriSign Identity Protection - VIP Authentication Service - Identity Theft protection, Fraud Detection, two factor authentication, FFIEC guidance - VeriSign UK Ltd.
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VIP Authentication Service

VeriSign® Identity Protection Authentication Service provides strong, visible security for online commerce applications. VIP Authentication Service allows a business to easily issue and/or accept multiple credentials from each user. VIP Authentication Service provides the best security available today for consumer transactions. It is ideal for higher value, higher risk transactions.

VIP Authentication Service embraces open standards, and allows any OATH compliant device to be used for authentication. VIP Authentication Service includes a number of options for supplemental factors, including stand alone hardware devices such as One Time Password (OTP) tokens as well as “soft” devices such as voice-enabled OTP, OTP enabled cell phones, and SMS OTP.

VIP Authentication Service leverages a shared validation infrastructure operated by VeriSign that enables enterprises to deploy strong authentication without bearing the entire burden of managing and operating its own self standing authentication infrastructure.

VeriSign® Identity Protection Portal

The VeriSign Identity Protection Portal is a complete credential lifecycle management system, including outsourced provisioning, distribution, and support for end consumers. Within the VIP Portal, end-users will be able to acquire 2nd factor credentials as well as centrally manage and update these 2nd factor credentials.

By leveraging the VIP Portal functionality, enterprise customers can cost effectively and quickly offer strong authentication to their consumers at a fraction of the cost of building and managing their own complete solution.  This allows organizations to focus on their core business while leveraging the leading security brand of VeriSign.

VeriSign® Identity Protection  Shared Authentication Network

Adding multi-factor authentication to a consumer facing online application can be costly.

  • The system must allow for an easy way to issue second factors to millions and millions of users.
  • Servicing multiple devices and multiple users requires an expensive customer service and maintenance program.

The least expensive way to add multi-factor authentication is through the VIP Shared Authentication Network. In the VIP Shared Authentication Network, a site does not need to shoulder all burdens of development, customer support, and system maintenance. Instead, a site can join the VIP network as a relying party and simply rely on VIP credentials that have already been issued, paying a modest cost per user for validations only. A web site can add strong authentication with no additional shipping or customer support costs.

If your business is committed to strong authentication, then you can issue tokens that are usable on the VIP network. Issuers get all of the benefits of relying parties, plus lower transactional costs, opportunities to promote their brand through the token, and better control of their end customers’ web experiences.

For consumer authentication to be widely adopted, consumers must be able to use a

Identity Protection

single second factor authentication device that serves all their online banking, brokerage, healthcare and e-commerce security needs. Without this flexibility, consumers may end up with a "token necklace", a string of unique tokens issued from different providers that secure unique transactions or websites.  VeriSign Identity Protection takes a radically new approach to this challenge with the Shared Authentication Network.  Users will be able to use the same 2nd-factor authentication device wherever they see the VIP logo.

eBay® and PayPal® are anchor partners in the VIP Token Sharing Network.  Beginning in 2006, eBay consumers will use one VIP token to secure their online purchases.

 


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