NTT Data Enables Safer Transactions at 80
Japanese Banks with VeriSign Extended Validation SSL Protection
Japanese Application Service Provider Helps Banks Safeguard Online
Experience for Customers
Mountain View, CA – May 1, 2008 – In a groundbreaking move
that signals a compelling new way for Application Service Providers
(ASPs) to differentiate their offerings, NTT Data is helping multiple
businesses simultaneously safeguard online transactions with Extended
Validation (EV) Secure Sockets Layer (SSL) Certificates.
This month, NTT Data, one of Japan’s largest providers
of technology services, is enhancing the security protection it provides
to 80 Japanese banks by deploying EV SSL Certificates from VeriSign,
Inc. (NASDAQ: VRSN), the trusted provider of Internet infrastructure
services for the networked world.
As an ASP, NTT Data is able to efficiently extend
VeriSign’s latest identity theft and anti-phishing protection to 80
banks at once. VeriSign® EV SSL Certificates offer another weapon in
the growing effort to thwart phishing scams designed to trick consumers
into providing their sensitive private information through impostor
Web pages. Created by e-criminals, these increasingly sophisticated
and realistic pages look and act like legitimate bank Web sites, but
are created solely to steal account numbers, credit card numbers and
passwords.
NTT Data turned to VeriSign EV SSL because the certificates
provide an effective weapon against these scams. The enhanced protection
will help safeguard both NTT Data’s ANSER-WEB® (Automatic answer Network
System for Electronic Request) system for consumers as well as ANSER-WEB
Corporate Edition® for enterprises. NTT Data developed the ANSER-WEB®
system in 1981 as an automated way for customers to take advantage of
a wide array of traditional banking services. Throughout the years,
the ANSER system expanded beyond terminals to include telephone and
Web access.
“NTT Data has long been an innovator in providing
services to banks in Japan, and its latest decision to protect ANSER-WEB
and ANSER-WEB Corporate Edition with VeriSign EV SSL Certificates shows
that its commitment to innovation is as strong as ever,” said Tim Callan,
vice president of SSL product marketing at VeriSign. “As an ASP, NTT
Data understands it can simultaneously and efficiently deploy a proven
weapon against identity theft with a service that is crucial to 80 banks.
We expect more ASPs to soon follow NTT Data’s lead, particularly as
the value of EV SSL gains traction with more small to mid-size companies
that rely on their ASP to keep their online services – and their customers
– beyond the reach of e-criminals.”
By deploying VeriSign EV SSL Certificates, banks can
provide their customers using high security browsers with instantly
recognizable visible cues that assure users they have reached a genuine
Web page. When a financial institution or other online business
uses an EV SSL Certificate to identify itself, the latest browsers,
including Internet Explorer 7 and Mozilla Firefox 3 Beta, display easily
understood visual cues to help provide tangible assurance of a site’s
authenticity. The address bar turns green, a lock icon appears next
to the address, and a new field displays to the right of the URL in
the browser. This field contains the name of the organization that owns
the site as well as the security provider that issued the certificate,
such as VeriSign.
“NTT Data’s focus is to ensure that our banking industry
clients serve their customers reliably and with confidence,” said Nobuo
Yoneoka, senior manager at NTT Data. “In today’s online climate, achieving
this requires that we constantly upgrade the security solutions we have
in place with core services such as ANSER. Now, with VeriSign EV SSL
protection, our clients can provide their customers with immediate reassurance
that they have reached a banking site authenticated by VeriSign itself,
allowing customers to bank online with trust.”
As the most respected and trusted SSL authority on
the Web, VeriSign is the EV SSL Certificate provider of choice for more
than 3,000 Internet domains, representing greater than 75 percent of
the entire EV SSL Certificate market worldwide. In fact, over 93 percent
of the Fortune 500 – and the world’s 40 largest banks – rely on some
form of VeriSign SSL Certificate to meet their security needs. To learn
more about VeriSign EV SSL, visit http://www.verisign.com/EV-SSL
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
Media Relations: Christina Rohall, crohall@verisign.com,
650-336-4663
Investor Relations: Nancy Fazioli, ir@verisign.com,
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 EV SSL
solutions; 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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