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Line 127: − − == Selling Authentication Services Business to Symantec == − Verisign's logo, a check mark and the tag "VeriSign Secured" is one of the most trusted trademark of secured website. Even though providing internet security was an initial objective of the company, over time Verisign shifted its priority to website management and its domain registration business. − − Verisign began by selling some of its services piecemeal. Finally, in May 2010, Verisign sold the entire division to Symantec for 1.28 million.<ref>[http://www.reuters.com/article/idUSN1816653320100518 Reuters]</ref> Because of this deal, Symantec now has the right to VeriSign's authentication logo and the "VeriSign Secured" tag for SSL certification.Verisign's Security Services included managing services such as firewalls, intrusion detection and prevention, vulnerability protection, etc. It also provided global security consulting, email security, authentication and digital certificate/SSL validation, and Extended Validation (High Assurance) [[SSL]] Certificates. − − == Domain Slamming == − In May 2002, [[BulkRegister]] sued Verisign for [[domain slamming]].<ref>[http://www.internetnews.com/xSP/article.php/1121321/BulkRegister-Sues-VeriSign-for-Slamming.htm Internet News]</ref> [[BulkRegister]] claimed Verisign "engaged in unfair practices" with a recent marketing campaign that attempted to get domain owners to use Verisign to renew their existing policy. In 2003, Verisign was found not to have broken the law and as a result did not need to pay any fine. However, Verisign was barred from suggesting domain renewal or expiration prospects.<ref>[http://www.theregister.co.uk/2003/09/25/verisign_slammed_for_domain_renewal/ The Register.co.uk]</ref> − − == Security Breach== − As per routine for public companies, Verisign filed a quarterly 10-Q with the SEC in October, 2011. The form includes a section asking about any security issues that could compromise the company, and in this instance Verisign disclosed a 2010 hack into limited parts of their computers and servers. While the disclosure suddenly got a lot of attention months later, one commentator notes that it was not a big deal at all and seemed to be a "minor network breach".<ref>[http://www.circleid.com/posts/20120202_world_notices_verisign_said_3_months_ago_they_had_security_breach/ World notices Verisign Said 3 months ago They Had Security Breach, CircleID.com]</ref> Verisign has since reaffirmed that its [[DNS]] was not compromised.<ref>[http://verisigninc.com/en_US/news-events/press-room/articles/index.xhtml?artLink=aHR0cHM6Ly9wcmVzcy52ZXJpc2lnbi5jb20vZWFzeWlyL2N1c3RvbXJlbC5kbz9lYXN5aXJpZD1BRkMwRkYwREI1QzU2MEQzJnZlcnNpb249bGl2ZSZwcmlkPTg0Nzg2OSZyZWxlYXNlanNwPWN1c3RvbV85Nw%3D%3D&CMP=TW Press Release, VerisignINC.com]</ref> Line 157:
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In its 2012 10-K report, Verisign identified [[ARI Registry Services]], [[Neustar]], [[Afilias]], and [[Nominet]] as its primary competitors.<ref>[https://investor.verisign.com/secfiling.cfm?filingid=1193125-12-77600 10k Filing, Investor.Verisign.com]</ref>
In its 2012 10-K report, Verisign identified [[ARI Registry Services]], [[Neustar]], [[Afilias]], and [[Nominet]] as its primary competitors.<ref>[https://investor.verisign.com/secfiling.cfm?filingid=1193125-12-77600 10k Filing, Investor.Verisign.com]</ref>
== Relationship with ICANN ==
== Relationship with ICANN ==
==New gTLDs==
==New gTLDs==
In December, 2011, weeks before the opening of [[ICANN]]'s new [[gTLD]] program, the Chinese national [[registry]], [[CNNIC]], announced that it was applying for the IDN equivalents of .company, and .network.<ref>[http://tech.sina.com.cn/i/2011-12-20/10326538420.shtml Tech.Sina.com]</ref> This move was seen as potentially problematic given Verisign's own plans to seek the IDN equivalents of their [[.com]] and [[.net]] TLDs; Verisign has previously said that they will apply for all transliterated versions of .com and .net.<ref>[http://www.managingip.com/Article/2761204/VeriSign-wants-com-and-net-IDNs.html Verisign Wants Com and Net, ManagingIP.com]</ref> Verisign's [[Pat Kane]] later added, in January, 2012, that the company was planning on applying for "about 12" new gTLDs, and noted that most of these were going to be transliterations of [[.com]].<ref>[http://seekingalpha.com/article/322517-verisign-management-discusses-q4-2011-results-earnings-call-transcript?part=qanda 2011 Results Earnings Call Transcript, SeekingAlpha.com]</ref> Confirmed languages that will be applied for include Japanese, Hangul, Chinese, Cyrillic, Arabic, and Hebrew.<ref>[http://domainnamewire.com/2012/01/26/verisign-plans-to-apply-for-about-12-new-top-level-domain-names/ Verisign Plans to Apply for About 12 New Top Level Domain Names, DomainNameWire.com]</ref> At that time it was also noted that Verisign had already been chosen to provide [[registry]] services for several [[Brand gTLD|.brand]] initiatives.<ref>[http://domainincite.com/verisign-to-apply-for-a-dozen-new-gtlds/ Verisign to Apply for a Dozen New gTLDs, DomainIncite.com]</ref>
In December, 2011, weeks before the opening of [[ICANN]]'s new [[gTLD]] program, the Chinese national [[registry]], [[CNNIC]], announced that it was applying for the IDN equivalents of .company, and .network.<ref>[http://tech.sina.com.cn/i/2011-12-20/10326538420.shtml Tech.Sina.com]</ref> This move was seen as potentially problematic given Verisign's own plans to seek the IDN equivalents of their [[.com]] and [[.net]] TLDs; Verisign has previously said that they will apply for all transliterated versions of .com and .net.<ref>[http://www.managingip.com/Article/2761204/VeriSign-wants-com-and-net-IDNs.html Verisign Wants Com and Net, ManagingIP.com]</ref> Verisign's [[Pat Kane]] later added, in January, 2012, that the company was planning on applying for "about 12" new gTLDs, and noted that most of these were going to be transliterations of [[.com]].<ref>[http://seekingalpha.com/article/322517-verisign-management-discusses-q4-2011-results-earnings-call-transcript?part=qanda 2011 Results Earnings Call Transcript, SeekingAlpha.com]</ref> Confirmed languages that will be applied for include Japanese, Hangul, Chinese, Cyrillic, Arabic, and Hebrew.<ref>[http://domainnamewire.com/2012/01/26/verisign-plans-to-apply-for-about-12-new-top-level-domain-names/ Verisign Plans to Apply for About 12 New Top Level Domain Names, DomainNameWire.com]</ref> At that time it was also noted that Verisign had already been chosen to provide [[registry]] services for several [[Brand gTLD|.brand]] initiatives.<ref>[http://domainincite.com/verisign-to-apply-for-a-dozen-new-gtlds/ Verisign to Apply for a Dozen New gTLDs, DomainIncite.com]</ref>
== Security Breach==
As per routine for public companies, Verisign filed a quarterly 10-Q with the SEC in October, 2011. The form includes a section asking about any security issues that could compromise the company, and in this instance Verisign disclosed a 2010 hack into limited parts of their computers and servers. While the disclosure suddenly got a lot of attention months later, one commentator notes that it was not a big deal at all and seemed to be a "minor network breach".<ref>[http://www.circleid.com/posts/20120202_world_notices_verisign_said_3_months_ago_they_had_security_breach/ World notices Verisign Said 3 months ago They Had Security Breach, CircleID.com]</ref> Verisign has since reaffirmed that its [[DNS]] was not compromised.<ref>[http://verisigninc.com/en_US/news-events/press-room/articles/index.xhtml?artLink=aHR0cHM6Ly9wcmVzcy52ZXJpc2lnbi5jb20vZWFzeWlyL2N1c3RvbXJlbC5kbz9lYXN5aXJpZD1BRkMwRkYwREI1QzU2MEQzJnZlcnNpb249bGl2ZSZwcmlkPTg0Nzg2OSZyZWxlYXNlanNwPWN1c3RvbV85Nw%3D%3D&CMP=TW Press Release, VerisignINC.com]</ref>
== Selling Authentication Services Business to Symantec ==
Verisign's logo, a check mark and the tag "VeriSign Secured" is one of the most trusted trademark of secured website. Even though providing internet security was an initial objective of the company, over time Verisign shifted its priority to website management and its domain registration business.
Verisign began by selling some of its services piecemeal. Finally, in May 2010, Verisign sold the entire division to Symantec for 1.28 million.<ref>[http://www.reuters.com/article/idUSN1816653320100518 Reuters]</ref> Because of this deal, Symantec now has the right to VeriSign's authentication logo and the "VeriSign Secured" tag for SSL certification.Verisign's Security Services included managing services such as firewalls, intrusion detection and prevention, vulnerability protection, etc. It also provided global security consulting, email security, authentication and digital certificate/SSL validation, and Extended Validation (High Assurance) [[SSL]] Certificates.
== Domain Slamming ==
In May 2002, [[BulkRegister]] sued Verisign for [[domain slamming]].<ref>[http://www.internetnews.com/xSP/article.php/1121321/BulkRegister-Sues-VeriSign-for-Slamming.htm Internet News]</ref> [[BulkRegister]] claimed Verisign "engaged in unfair practices" with a recent marketing campaign that attempted to get domain owners to use Verisign to renew their existing policy. In 2003, Verisign was found not to have broken the law and as a result did not need to pay any fine. However, Verisign was barred from suggesting domain renewal or expiration prospects.<ref>[http://www.theregister.co.uk/2003/09/25/verisign_slammed_for_domain_renewal/ The Register.co.uk]</ref>
==References==
==References==