Sunday, May 13, 2007

Verizon Business to acquire Cybertrust, ICSA Labs

Verizon Business agreed to acquire Cybertrust, a privately held provider of global information security services. Financial terms were not disclosed.

Cybertrust provides identity management, managed security services, vulnerability/threat management, security certification programs and a full range of professional services including enterprise-wide quantified risk analysis, individual application assessments, and forensics and incident response services. The company has 800 employees and operations in 30 locations across the Americas, Europe, the Middle East and the Asia-Pacific region.

In addition to enhancing Verizon Business' global security services, Cybertrust offers a proven identity management suite, as well as Security Operation Centers in Europe, the Middle East, Africa and Asia-Pacific for a true "follow the sun" approach to security operations. Additionally, Verizon Business will acquire ICSA Labs, an independent division of Cybertrust, which provides security product certification, and which has tested and certified an estimated 95 percent of the installed security products on the market today.

Verizon said Cybertrust's Identity Management unit gives it a strong new capability to help its customers efficiently manage user identities across multiple systems and applications. Through this group, Verizon Business will offer a full range of solutions for governments and enterprises to manage electronic identities that enable authentication management, information protection and secure access to resources across enterprise systems.


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