E*TRADE Australia Turns to VeriSign So
Customers Can Invest Online with Confidence
Australian Financial Institution Creates Safer Online Trading by Deploying
Extended Validation SSL Certificates from VeriSign
Mountain View, CA – Sept. 10, 2007 – At a time when phishing
and online fraud is shaking the confidence of consumers worldwide, E*TRADE
Australia is enabling more than 325,000 of its customers to trade online
with increased assurance that their transactions are safe from the reach
of identity thieves.
By relying on advanced security technology from VeriSign,
Inc. (NASDAQ: VRSN), the leading provider of digital infrastructure
for the networked world, E*TRADE Australia helps provide online
retail customers with instantly recognizable confirmation that they
have reached genuine E*TRADE Web pages, instead of counterfeit sites
designed by e-criminals to capture user information. Such imposter sites
can surreptitiously gather sensitive personal information, such as passwords
and user names.
E*TRADE Australia is the latest company to adopt
VeriSign Extended Validation (EV) Secure Sockets Layer (SSL) Certificates,
which clearly call out a Web site’s authenticated organizational identity
for consumers using high-security Web browsers, such as Internet Explorer
7. When VeriSign’s EV Certificates interact with the browser, users
can spot important visual cues, including an address bar highlighted
in green.
“We’re constantly looking for ways to increase customer
confidence in our service,” said Stephen Pauley, network operations
manager for E*TRADE Australia. “VeriSign gives us an easily identifiable
way for our customers to know their transactions are secure, and that
they’re on the actual E*TRADE site. We’re educating our client base
to look for the VeriSign EV Certificate as the new standard for e-commerce
security. They’ll know that when the bar is green, the site is clean.”
As the most respected and trusted SSL authority on
the Web, VeriSign is the EV SSL Certificate provider of choice for more
than 1,300 Internet domains, representing more than 75 percent of the
entire EV SSL Certificate market worldwide. In fact, 93 percent of the
Fortune 500 – and the world’s 40 largest banks – rely on some form of
VeriSign SSL Certificate authentication.
“Every day, E*TRADE Australia makes a commitment
to its customers that it will provide a secure and authenticated
destination for online trading, and VeriSign is proud to be a vital
part of that commitment,” said Tim Callan, director of SSL marketing
at VeriSign. “A VeriSign EV SSL Certificate can signal to consumers
that they have reached a trusted site for online transactions, and this
in turn helps build loyal and lasting customer relationships for companies
like E*TRADE.”
About VeriSign
VeriSign, Inc. (NASDAQ: VRSN), operates digital infrastructure services
that enable and protect billions of interactions every day across the
world’s voice, video and data networks. Additional news and information
about the company is available at www.verisign.com.
Contacts
Megan Jackson, mjackson@verisign.com.au,
+61 2 9236 0572
Christina Rohall, crohall@verisign.com,
650.426.5219
Statements in this announcement other than historical
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of the Securities Exchange Act of 1934. These statements involve risks
and uncertainties that could cause VeriSign's actual results to differ
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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 implement
price increases, and customer acceptance of any new products, services,
or price increases, including the price increases mentioned herein;
the possibility that VeriSign’s announced new products, services and
price increases may not result in additional customers, profits or revenues;
and increased competition. 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, 2006 and quarterly reports on Form 10-Q and current reports on Form
8-K. VeriSign undertakes no obligation to update any of the forward-looking
statements after the date of this press release.
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