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VeriSign receives 2008 Product Innovation Award

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Express news service

Posted: May 14, 2008 at 1545 hrs IST

New Delhi, May 14: The Network Products Guide, a Silicon Valley Communications publication and a world leading publication on technologies and solutions, has named the VeriSign Identity Protection (VIP) Authentication Service a winner of the 2008 Product Innovation Award.

This annually venerated award recognises and honours vendors from all over the world with innovative and ground-breaking products that are bringing essential and incremental changes and are setting the bar higher for others in all areas of information technology.

The VIP Authentication Service is a two-factor authentication solution fully hosted by VeriSign that enables a wide choice of credentials including standalone tokens, credit card sized devices and mobile phones. The VIP Authentication Service is deployed on the VIP Network, which means consumers can use a single security credential to authenticate themselves across any VIP-enabled Web site.

By leveraging a shared authentication network, VIP makes it simpler and more cost-effective for companies with extensive online presence to implement stronger authentication. For organizations, membership in the VIP Network helps distribute the costs of strong authentication.

"The goal of any product innovation must always remain a positive change, making or improving solutions better than before," says Rake Narang, editor-in-chief, Network Products Guide. "Innovative products such as VIP are bringing improvements in consumer authentication and identity protection online."

"Network Products Guide's recognition of the VIP Authentication Service further validates our services as excellence-in-class and ahead of the curve," said Fran Rosch, vice president of Identity and Authentication Services at VeriSign.

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