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Press Release |
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Name.com Stays a Step Ahead of Online Criminals by Joining VeriSign® Identity Protection Network
As Internet Service Providers Look into Ways to Protect Client Access
to Sites, Name.com Leads the Way by Adding Another Layer of Protection
to Log-Ins
Mountain View, Calif. – January 28, 2009 – In the wake of some
recent high-profile hacker attempts to steal the passwords of millions
of customers, businesses, including domain name service providers, are
exploring options for added protection to ensure that Web site administrators
and domain name registrants can manage their Web-based property with
confidence.
Name.com LLC, is leading the way by offering its clients
the chance to use strong, two-factor authentication from VeriSign, Inc.
(NASDAQ: VRSN), the trusted provider of Internet infrastructure for
the networked world.
By joining the VeriSign® Identity Protection (VIP)
Network, Name.com can provide its clients with safeguards that go beyond
the standard log-in methods.
Two-factor authentication works by combining something
users know – their username and password – with something they have
– a VIP security credential that generates a one-time password (OTP)
for every sign-on. During an online session, this OTP is entered into
the Name.com account log-in page, along with the user’s account name
and password. Name.com then verifies the OTP and matches it to the account
holder, thus enabling its clients to achieve strong – or two-factor
– authentication.
"Domain names are digital brands, and we bear
huge responsibility to ensure that their clients have access to the
most advanced security safeguards available," said Bill Mushkin,
CEO and founder at Name.com. "Offering VIP credentials is an important
part of meeting that obligation, and it's one that VeriSign has helped
us meet quickly and easily. The globally trusted VeriSign brand will
reassure our customers, while membership in the VIP Network offers them
convenient access to strong authentication on many Web sites the world
over."
The unique VIP Network allows consumers to use a single
security device to authenticate themselves across any VIP-enabled Web
site. As a result, Name.com-issued credentials can be used not only
on the Name.com login portal but also on any site that is part of the
VIP Network. For domain name service providers and other businesses,
joining the VIP Network helps distribute the costs of stronger authentication.
"Name.com has clearly taken the initiative to
protect its clients against security breaches that have come from using
simple user names and passwords," said Kerry Loftus, vice president
of Consumer Authentication Solutions at VeriSign. "By joining the
VIP Network, Name.com is taking a strategic step to ensure its clients have
a safe, secure and convenient environment in which to do business online."
About Name.com LLC
Name.com is a unique, independent, and fully ICANN-accredited
domain registrar. Its goal is to fully meet every customer's needs and
wants for domain name registration and renewal by offering retail, aftermarket
and expiring names services. For more information, visit www.name.com.
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.
Contacts
Media contact: Victoria Henry, vhenry@verisign.com,
020 8600 0723
Weber Shandwick for VeriSign: Lydia Curtis, Lcurtis@webershandwick.com,
0207 067 0513
Investor Relations: Nancy Fazioli, ir@verisign.com,
+1 650 426 5146
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, 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.
©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.
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