Verizon Offers New Data Breach Solution
NEW YORK -- Data breaches continue to be in the news. In fact, according to the Verizon 2014 Data Breach Investigations Report, two-thirds of all breaches can be attributed to lost/stolen user credentials (user name/password). To help business better manage this risk by using a single credential in both the physical and virtual worlds, Verizon is offering a new service called “Smart Credential”.
Available immediately in the U.S., Europe and the Asia-Pacific region, Smart Credential offers a single trusted identity that connects the online and physical environments to enable:
Smart Credential is a cloud-based service that is delivered as software-as-a-service which means organizations pay for actual usage through a pay-as-you-go subscription model. This model alleviates capital expenditures required with traditional in-house PKI solutions, while allowing enterprises to take advantage of identity, data privacy and digital trust functionality.
Verizon’s new solution allows for easy scalability based on the number of users with proven technology delivered from the Verizon cloud data centers in the U.S. (Culpeper, Va.), Europe (Amsterdam) and the Asia-Pacific region (Canberra, Australia).
Through the use of a single credential, Verizon’s solution works with existing physical access readers and backend systems, as well as, more secure contactless readers. This allows clients to add more security over time without requiring a costly “rip and replace” effort.