Source: VeriSign
VeriSign, Inc. (Nasdaq: VRSN), the leading provider of intelligent infrastructure services for the Internet and telecommunications networks, and Banking Infrastructure & Technology Services (BITS), the technology and telecommunications unit of Atlantic Central Banker Bank (ACBB), today announced they have reached an agreement that calls for the two to deliver security services to community banks throughout the five-state, Mid-Atlantic region.
Under terms of the agreement, VeriSign and ACBB-BITS will provide an integrated set of managed security services (MSS), including firewall management, intrusion detection/prevention management and vulnerability management to help regional and community banks protect their internal networks from unauthorized access and malicious activity. Additionally, the two companies plan to offer additional VeriSign services, including VeriSign Global Security Consulting and the VeriSign Identity Protection (VIP) service.
"Banks face mounting security threats and increased pressure from regulatory compliance requirements. With VeriSign's unique combination of people, processes, technology and intelligence, we help some of the largest banks in the world deal with these issues," said Chris Babel, vice president, Managed Security Services, VeriSign. "We look forward to working with ACBB-BITS to extend our service capabilities and solutions to Community Banks in New York, New Jersey, Pennsylvania, Maryland and Delaware."
"ACBB-BITS provides connectivity and communications services to our member banks," said Chuck Daniels, CEO of ACBB-BITS. "We teamed with VeriSign because they are the most respected name in the industry, and we recognized the need for a customized security service that targets the specific needs of our client base. VeriSign will enable ACBB-BITS member banks to more effectively manage risk and monitor compliance at each branch location with a cost-effective security solution that is easy to integrate."
VeriSign Global Security Consulting Services helps companies understand corporate security requirements, navigate the maze of diverse regulations and security compliance requirements, reduce risk, identify security vulnerabilities and defend against and respond to attacks.
VIP is the most comprehensive suite of identity protection and authentication services, designed to strengthen and protect consumers' digital identities. It will help manage risks to the reputations of financial services organizations, e-commerce companies and enterprises that digitally interact with consumers' personal data.