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Verizon Advances Enterprise Identity Protection

SAN FRANCISCO Feb. 16, 2011 Feb. 16

The enhanced suite of services delivers advanced protection and increased ease of use for enterprises grappling with how to best manage identity authentication.  Verizon’s unique solutions set – which is delivered "as-a-service" via the cloud – can help enterprises control costs and significantly reduce the complexity and risk associated with identity management programs.

The financial costs of ID theft and fraud to businesses and government are staggering — estimated at billions of dollars annually.  According to the 2010 Verizon Data Breach Investigations Report, nearly 90 percent of all breaches involve stolen or exploited identity credentials such as user names and passwords.

Peter Tippett

Verizon currently manages 25 identity programs for countries around the globe, and in November the company announced a massive program with the U.S. medical community to issue identity credentials to 2.3 million health care professionals to help physicians manage online access and the secure exchange of confidential patient information.

Reaction from participants has been very positive, reported Tippett.  Verizon expects the uptake for this key enabling service to increase significantly throughout 2011.

Next-Gen Cloud Solutions Help Reduce Complexity, Mitigate Risk and Control Costs for Enterprises

Verizon’s next-generation, cloud-based authentication solutions provide enterprises with many benefits, including better control of operating costs, reduced risk of ID fraud for individuals and organizations, and fast identity proofing as well as the ability for users to significantly reduce the number of credentials they manage.

The new offerings build on the company’s existing enterprise identity services and include:

  • Identity Registration
  • Credential Provisioning
  • Authentication —

The company also announced the creation of an Identity Advisory Board, which will give Verizon’s enterprise clients the opportunity to work collaboratively in addressing their needs to better manage the identities of workers, increase transparency for transactions and strengthen data protection.  The board plans to synthesize the input received to create new features and capabilities that meet the requirements of today’s distributed enterprise.

NOTE: Visit Verizon at RSA 2011 at booth #323 in the Moscone Center.

About Verizon

New York $106.6 billion .

SOURCE Verizon

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