Secure Online Transactions Enabled By VeriSign and Microsoft Partnership
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San Jose, California - (Cheap Web Hosting Directory) - February 16, 2006 - Internet infrastructure and security firm, VeriSign,Inc., has announced it is strengthening online transaction security by working together with Microsoft on mutual authentication solutions.
The solutions take advantage of technology from Microsoft, code-named ‘InfoCard,’ the Microsoft Internet Explorer 7 browser, as well as VeriSign Secured Sockets Layer (SSL) certificates and the newly launched VeriSign Identity Protection (VIP) to protect consumers and web site owners against phishing, pharming and other forms of online identity theft.
According to VeriSign, the complementary technologies allow both the destination site and the consumer to easily and positively identify each other. VeriSign is working with Microsoft on new solutions that provide what is termed “mutual authentication” on the Internet. Mutual authentication requires that both the destination site and the consumer positively identify each other. Unlike other solutions for site authentication, this collaborative approach cannot be phished or spoofed, and provides a more secure and intuitive user experience.
Nico Popp, VP, Authentication Services, VeriSign Security Services explained, ”With the damage of malicious online activities continuing to rise, new and creative technologies and approaches are needed to stem the tide. VeriSign is working on a solution that marries Microsoft technology with our intelligent network infrastructure to create a solution to identity theft and make the Internet more secure, more trusted and safer for all of us.”
To help end-users clearly differentiate between a legitimate and spoofed web site, Microsoft’s IE7 browser and “InfoCard” technology will use VeriSign’s “Enhanced Validation” SSL certificates to provide clear and un- spoofable visual feedback about the sites’ authenticity. Only organizations that pass VeriSign’s rigorous authentication process will be issued “Enhanced Validation” SSL Certificates for their web sites.
When a consumer visits such a site, the IE7 address bar turns green and shows the name of the organization owning the certificate and the identity of the Certificate Authority, such as VeriSign, in the browser’s interface. Providers or financial institutions will be able to strongly identify a user with the integration of Microsoft “InfoCard” technology with the VIP network. This integration will form the next generation of solutions for securely authenticating users, utilizing built-in Windows functionality that allows consumers to link any type of strong authentication device to their “InfoCard” and present it as an identity card to any VIP-enabled website.
Richard Turner, Product Manager, Web Services Strategy at Microsoft added, ”InfoCard provides customers with the control and flexibility they need to more safely access Internet-based resources. This demonstration shows how ‘InfoCard’ can combine the collective strengths of our technology with service partners’ offerings to provide new and unique proactive fraud and identity theft measures.”
To learn more about VeriSign, Inc., please visit: www.verisign.com.
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