VeriSign Introduces Security Risk Profiling
Service to Help Enterprises Identify, Visualize and Quantify Security
Risks
Comprehensive Service Enables Better Operational and Financial Decisions
By Providing a Holistic View of Security Environment
MOUNTAIN VIEW, CA., March 21, 2006 – VeriSign, Inc., (NASDAQ:
VRSN), the leading provider of intelligent infrastructure services for
the Internet and telecommunications networks, today announced the VeriSign®
Security Risk Profiling Service, the industry’s first comprehensive
solution to help enterprises identify, visualize and quantify information
security risks.
The VeriSign Security Risk Profiling Service enables
enterprises to make better operational and financial decisions by providing
a holistic view of threats, vulnerabilities, network access policies
and business impacts and then generating a dynamic risk score based
on those factors at a device, business unit, and enterprise level. The
service extends VeriSign’s portfolio of enterprise risk-management solutions
which include VeriSign® Managed Security Services, VeriSign® Global
Security Consulting, and VeriSign® iDefense Security Intelligence Services.
The service includes sophisticated simulation and modeling technology
to help customers understand the impact of emerging threats and potential
network security policy changes, and to measure compliance with both
internal and external policies and regulations.
Malicious attacks are increasing in both sophistication
and frequency, forcing enterprises to perform numerous steps to ensure
a strong network security posture. The VeriSign Security Risk Profiling
Service enables a comprehensive risk management approach that evaluates
business assets, identifies likely attack sources and paths, and provides
a business view of threats and vulnerabilities, all while addressing
compliance requirements affecting the industry today.
"The discussion of enterprise security has matured
from the technology speeds and feeds to a business-level dialogue around
risk mitigation and management strategies. In order to make prudent
business decisions, all the required information must be synthesized
in a manner which is understandable and actionable," said Allan
Carey, program manager of Security Services at IDC. "Organizations
currently pull available information manually from disparate systems.
A service such as VeriSign's can assist in automating the collection
and presentation of vital intelligence, validate IT assets and resources,
and support proactive risk and compliance decisions with a grounded
methodology."
The VeriSign Security Risk Profiling Service leverages
industry-leading technology from Skybox® Security to take data from
a broad range of firewalls, routers and vulnerability management systems
and combine that information with the unique intelligence gathered by
the VeriSign iDefense Security Intelligence Services team and the VeriSign
Global Security Consulting team to deliver a service that includes:
- Automated IT
Security Modeling: Provides a complete network map that
includes location of assets and all associated access paths
- Simulation
and Visualization Models: Enabling understanding of IT change
impacts and better preparation for potential threats
- Business Impact
Analysis and Risk Metrics: Providing enterprises with a better
understanding of the financial and operational risks of security threats
- Early Warning
Analysis: Immediate identification and understanding of risks,
as they emerge
- Regulatory
Compliance Risk Management: Detailed analysis that shows whether
an enterprise is in compliance with internal and external regulations
and guidance
“In order to keep pace with security threats and increasingly
complex compliance requirements, enterprises require solutions that
help them more effectively manage risk,” said Chris Babel, vice president,
Managed Security Services, VeriSign. “The VeriSign Security Risk Profiling
Service is the industry’s first truly comprehensive service-based solution
that provides enterprises with a real-time assessment of their business
risks.”
“As an existing MSS customer, we rely on VeriSign
to provide consistent and reliable management of our network security
devices,” said Mark Van Holsbeck, director, Enterprise Security and
Planning, Avery Dennison. “We have chosen to augment our services
with the VeriSign Security Risk Profiling Service because it allows
us to make better business decisions through understanding the impact
of evolving threats and the changes required to protect against them.”
More information on the VeriSign Security Risk Profiling
Service is available at: www.verisign.com/mss/riskprofiling
About VeriSign
VeriSign, Inc. (Nasdaq: VRSN), operates intelligent infrastructure services
that enable and protect billions of interactions every day across the
world’s voice and data networks. Additional news and information about
the company is available at www.verisign.com
For more information, contact:
VeriSign Media Relations: Brendan P. Lewis, brlewis@verisign.com,
650-426-4470
VeriSign Investor Relations: Tom McCallum, tmccallum@verisign.com,
650-426-3744
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 Security
Risk Profiling 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, 2005 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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