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VeriSign to Supply Bank of America with Strong Authentication; Open Standards Cited In Use of VeriSign Unified Authentication As Strategic Strong Authentication Platform

MOUNTAIN VIEW, CA. and SAN FRANCISCO CA., RSA Conference 2005, February 17, 2005 - VeriSign, Inc. (Nasdaq: VRSN), the leading provider of intelligent infrastructure services for the Internet and telecommunications networks, today announced that Bank of America (NYSE: BAC), one of the worlds largest financial institutions, has selected the VeriSign Unified Authentication solution to support its strategic deployment of strong two-factor authentication.
VeriSign Unified Authentication is a complete range of two-factor authentication methods that will integrate with Bank of Americas existing technology environment, without costly additions of disparate hardware and software infrastructure. The solution will allow Bank of America to address a broad spectrum of internal and external security requirements with flexible options.

Bad Credit Credit Creditres That flexibility, enhanced by VeriSigns commitment to open standards, was cited as an important factor in the agreement.

There are several ways to do this; some of the more popular ones are to use the mod_auth, mod_auth_db, or mod_auth_dbm modules. For an explanation on how to implement these restrictions, see Apache Week's articles on Using User Authentication or DBM User Authentication, or see the authentication tutorial in the Apache documentation.

Bad Consolidation Credit Debt The selection by Bank of America is of great strategic importance to VeriSign and further validates what we have known all along that a flexible, open standards approach to strong authentication is what the market is looking for. This is an approach VeriSign has supported since the creation of the Initiative for Open AuTHentication (OATH) a year ago. said Judy Lin, executive vice president and general manager, VeriSign Security Services. The financial services sector in particular has to contend with internal regulatory requirements and external security issues. We are excited to be working with an innovative leader like Bank of America to address these issues by deploying strong authentication solutions.

When a customer joins or pays their periodic membership fee online, the transaction is protected by SSL authentication and encryption. The transaction is processed by VeriSign, who first verifies customers are authorized to make the purchase, then routes the transaction to the appropriate banks, after which funds are transferred from the customer¯ credit card to Booksfree¯ bank account.

Bad Company Credit Repair Rhonda MacLean, Corporate Information Security Executive at Bank of America, cited VeriSigns mature, trusted and user-friendly technology as well as VeriSigns commitment to open standards and interoperability, which add the flexibility to keep improving security in the future.

Banking industry watchdog the Banking Code Standards Board (BCSB) has expressed concern over the way some banks are selling credit cards and loans to customers.

Bad Card Credit Credit The financial services industry is moving quickly towards strong authentication, MacLean said. So were delighted that VeriSign shares our belief in open standards, which are essential for us to meet our common goal of continually improving securitynot only for our company, but across financial services and indeed across all industries. Strong, two-factor authentication will clearly be an increasingly important component of our security strategy, and we believe open standards will create the co-operation and strong partnerships we need to protect our networks and information todayand tomorrow.

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Bad Car Credit Loan The company will begin by using VeriSign Unified Authentication for internal applications and corporate clients with particular security requirements.

occurs when an identity thief acquires a person's existing credit or bank account information and either withdraws money or makes purchases. Victims usually learn of account takeover when they receive their monthly credit card or bank account statement. In true identity theft, an identity thief uses another person's Social Security number and other identifying information to fraudulently open new accounts for financial gain. Victims may be unaware of the fraud for an extended period of time, which can allow the criminal to continue the ruse for months or even years.

Bad Credit Loan Mortgage VeriSign Unified Authentication consists of a software and services solution that provides a single, integrated platform for providing and managing all types of two-factor authentication credentials, including tokens and smartcards. The solution integrates with an enterprises existing directory and identity-management architecture and leverages the VeriSign infrastructure, dramatically reducing the complexity and cost of two-factor authentication.

Auto Bad Credit Loan VeriSign Unified Authentication is available in an on premise model, or as an in-the-cloud service, which is securely delivered over the Internet for fast and easy implementation without the purchase of additional software and hardware. Bank of America will deploy VeriSign Unified Authentication, using next-generation tokens that will facilitate authenticated and secure communications and transactions.

Bad Credit Mortgage Refinance Earlier this week, VeriSign announced a series of enhancements to the solution, including the availability of the on premise operating model, a state-of-the-art One Time Password (OTP) device for a fraction of the price of current solutions, and a multi-purpose authentication device that contains up to 265MB of secure storage. All devices in the VeriSign token family will operate on the Hashed OTP (HOTP) algorithm introduced earlier this year by OATH. Get more information about these enhancements.

Bad Credit Refinance About VeriSign
VeriSign, Inc. (Nasdaq: VRSN) operates intelligent infrastructure services that enable businesses and individuals to find, connect, secure, and transact across todays complex global networks. Additional news and information about the company is available at www.verisign.com.

Bad Credit Mortgage Second About Bank of America
Bank of America is one of the world's largest financial institutions, serving individual consumers, small and middle market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk-management products and services. The company provides unmatched convenience in the United States, serving 33 million consumer relationships with more than 5,800 retail banking offices, more than 16,700 ATMs and award-winning online banking with more than twelve million active users. Bank of America is the No. 1 overall Small Business Administration (SBA) lender in the United States and the No. 1 SBA lender to minority-owned small businesses. The company serves clients in 150 countries and has relationships with 98 percent of the U.S. Fortune 500 companies and 85 percent of the Global Fortune 500. Bank of America Corporation stock (ticker: BAC) is listed on the New York Stock Exchange.

Bad Credit Loan Student For more information, contact:
VeriSign Media Relations: Brendan P. Lewis, brlewis@verisign.com, 650-426-4470
VeriSign Investor Relations: Tom McCallum, tmccallum@verisign.com, 650-426-3744
Bank of America Media Relations: Betty Riess, betty.riess@bankofamerica.com, 415-622-6397

Bad Card Credit Statements in this announcement other than historical data and information constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements involve risks and uncertainties that could cause VeriSigns actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, the uncertainty of future revenue and profitability and potential fluctuations in quarterly operating results due to such factors as the risk that VeriSigns announced strategic relationships, including the relationship described herein, may not result in additional products, services, customers, profits or revenues; and increased competition and pricing pressures. More information about potential factors that could affect the companys business and financial results is included in VeriSigns filings with the Securities and Exchange Commission, including in the companys Annual Report on Form 10-K for the year ended December 31, 2003 and quarterly reports on Form 10-Q. VeriSign undertakes no obligation to update any of the forward-looking statements after the date of this press release.

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