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VeriSign Increases Security

The security of having your identity being yours and yours alone is very important when shopping or playing online. The web is considered to be a hot bed for identity theft as many sites fail to have properly encrypted security methods. One of the biggest firms in online safety is VeriSign, and recently they have updated their software to provide even better services. VeriSign the leading provider of intelligent infrastructure services for the Internet and telecommunications networks, today announced that the VeriSign iDefense Security Intelligence business unit added 99 new contributors to its Vulnerability Contributor Program (VCP) and processed 613 vulnerability submissions in 2005, representing an 84 percent increase from the same time period in 2004.

Over the past three years, the program has consistently identified many of the most severe flaws in broadly used applications and critical business systems. VeriSign iDefense Security Intelligence Services has developed extensive working relationships with top software vendors to notify the public of potential security holes and develop patches that mitigate the security risk. The average advance notification for all vulnerabilities in Q4 was 60 days, giving VeriSign iDefense customers two months of additional protection before vendors distributed patches to the market as a whole. There are currently 57 additional submitted vulnerabilities being verified by the iDefense Labs Team.

VeriSign iDefense Security Intelligence Services has led the industry?s commitment to compensating researchers for these significant findings. Its approach of paying for responsible disclosure of vulnerabilities empowers network managers to proactively make their networks more secure. ?Many of our most valuable contributors consistently identify significant vulnerabilities that may never make the front page, but both avert major exploitation and secure considerable compensation through our rewards program,? said Michael Sutton, director of iDefense Labs, which manages the worldwide program.