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 HOME   VeriSign's Lock on Security Market Tightens
VeriSign's Lock on Security Market Tightens
Published by: cfz 2008-11-21

The behind-the-scenes technologies needed to protect digital communications over the Internet is not glamorous but it will be lucrative.

Business, Security, Staff - ZDNet Australia::
the tangle of privacy and security issues tightens in the aftermath of Sept. 11, mobile processors, giving you an insight into the best chips on the market.
http://www.zdnet.com.au/tag/business-security-staff.htm
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E-commerce transactions need a single standard more badly than personal computers needed a single operating system: the company that holds the keys to the digital security standard is going to be in a highly-desirable position.

Recent results indicate that VeriSign (NASDAQ:VRSN) is grabbing this brass ring and is about to start enjoying the spoils.

The good news is buried in VeriSign's financial results for the quarter ending June 30. In the quarter, VeriSign broke even, handily beating last year's second quarter loss of 11 cents a share and the 1999 first quarter's loss of 4 cents a share. All signs point to this recent quarter as the turnaround point from losses to profits. On seeing the numbers, BancBoston Robertson Stephens raised its estimate on earnings for 2000 by 2 cents to 29 cents a share for the year.

Greggs Security News Aggregator::
in the burgeoning application-security market, has lock up data and reassure businesses wary about the safety of information on Wi-Fi networks.
http://radio.weblogs.com/0127770/2003/10/13.html
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Application security TechIndex::
anti-spam and mail security Tightening the integration between brightmail anti HP - Explore the interactive whitepaper: Rightsizing Blades for the mid-market.
http://www.infoworld.com/temp/redesign/techindex/application_security.html
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The strong quarter is an indication of momentum building. VeriSign is racking up new business with a string of accounts signed. The company sold more than 27,000 certificates in the quarter, a 93 percent increase. Very encouraging are deals with VISA (for access to more than 21,000 member banks), with Critical Path (opening up a new line of business in protecting e-mail traffic), and with Network Solutions (for promotion on a directory of commercial "dot com" domains).

But most impressive is the traction VeriSign is getting from winning approval from the U.S. government for exporting its most advanced digital certificates. Within a few weeks of being authorized to expand its sale of 128-bit encryption, VeriSign signed resellers in Australia, Greece, the Middle East and Canada.

TruMix.com : Podcasts : Security Wire Weekly Podcast::
PCI DSS changes, and tightening IT security budgets. .com talks about the impact security market consolidation is having on the reseller community.
http://www.trumix.com/podcast.php?mode=view&p=43751
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www.byteandswitch.com/document.asp?doc_id=85014&print=true::
cyber security threats emerging daily, users are scrambling to lock down their storage systems. ( See A10 Networks Seeks Identity and A10 Enters IAM Market.
http://www.byteandswitch.com/document.asp?doc_id=85014&print=true
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