Press Release
Release date: March 19, 2008
Verizon Business to Offer New Managed Security Service to Help Organizations Better Protect Their Total IT Infrastructure
Offering Helps Defend Against Increasing Threats to Business Applications
BASKING RIDGE, N.J., March 19 /- From the network to the end- user, Verizon Business will offer enterprise customers a better way to protect their software and Web applications that underlie critical business processes.
The new Application Log Monitoring and Management Service will augment Verizon Business' Managed Security Services (MSS) portfolio, which helps deliver end-to-end protection of an organization's entire IT "stack" -- the computing structure that includes the network, data, application and user layers).
The new service enables customers to efficiently log, track and analyze user and system activity of software and Web applications, operating systems, and Web and database servers while avoiding the cost and complexity of building, maintaining and monitoring an in-house log management infrastructure.
The Application Log Monitoring and Management Service will be available in the U.S. and many countries around the world, beginning next month.
The new offering enables users to better mitigate risk, control IT costs, reduce complexity, and automate security compliance initiatives. As a result, customers can react more quickly to security threats, gain speedy access to critical information, and facilitate security compliance audits.
With one of the world's most expansive IP networks, Verizon Business has a unique view into the global security threat landscape. Customers can rely on Verizon Business' expert security capabilities and advanced analysis to provide visibility into -- and the ability to mitigate -- new and emerging threats that may affect a business.
"Today's approach to security is holistic," said Kerry Bailey, vice president of Verizon Business Security Solutions. "Gone are the days of relying solely on network-layer security to protect information assets. As the leading global provider of managed information security solutions and operator of one of the world's most expansive IP networks, we are well- positioned to secure our customers' infrastructure -- from the network to the user level, and everywhere in between."
According to industry analyst firm Forrester Research, Internet attacks are shifting from the network to software and Web applications. The firm noted:
"Cyber attacks have moved up from the network layer to the application layer. Applications, especially Web applications, have become prime targets for attackers because they create, present, modify, and store sensitive data, from credit card numbers to intellectual property." (Forrester, "Five Trends That Will Shape The IT Security Profession In 2008," By Jonathan Penn with Tom Pohlmann, Paul Stamp and Allison Herald, Dec. 28, 2007.)
Outsourcing Log Management Makes Good Business Sense
By outsourcing their log management infrastructure to Verizon Business, customers can better protect their global operations against security threats. The managed service includes automated collection, correlation, analysis of current and historical data, comprehensive reporting, secure archiving, and retrieval of application log data such as audit records and user activity logs.
Using advanced correlation and classification of logged security data, Verizon Business' team of security experts can filter out real threats and, when necessary, react quickly to neutralize potential threats and attacks against customers.
A key feature of the service is that it allows organizations to maintain the proper IT controls and reporting requirements needed to help them address industry standards and security regulations such as the Federal Information Security Management Act (FISMA), Health Insurance Portability and Accountability Act (HIPAA), COBIT 4.0, Payment Card Industry Data Security Standard (PCI DSS) and ISO 17799. Best practice IT frameworks dictate that organizations collect, periodically review and securely archive their security log data for a defined period of time.
Additionally, the ability to archive log data provides customers with secure, scalable storage and fast access to log data on the customer premises, which helps to facilitate quicker security audits.
"Verizon Business continues to deliver on managed security solutions for its clients with a nuanced log monitoring and management service extended to applications that will help clients better deal with compliance and regulatory requirements while gaining 24 x 7 expertise," said Counse Broders, senior research director, Current Analysis. "Verizon Business' new service moves security further up the IT stack to the application level, helping to drive the industry forward."
Verizon Business Managed Security Services
Verizon Business' comprehensive Managed Security Services portfolio provides security monitoring and management of premises-, cloud- and Software as a Service (SAAS)-based solutions to protect the extended enterprise. Verizon Business MSS uniquely complements an organization's in-house capabilities with round-the-clock analysis and expertise.
Enterprises and government agencies rely on Verizon Business to help them manage security risk and protect critical company assets. Verizon Business Security Solutions offers a comprehensive portfolio of security services that include threat and vulnerability management; identity management; security and compliance programs; and security strategy and consultation. The more than 1,100 security professionals around the globe deliver these offerings through a range of managed services, professional services and products. More information is available by visiting http://www.verizonbusiness.com/us/security.
About Verizon Business
Verizon Business, a unit of Verizon Communications (NYSE:VZ), is a leading provider of advanced communications and information technology (IT) solutions to large-business and government customers worldwide. Combining unsurpassed global network reach with advanced communications, security and other professional service capabilities, Verizon Business delivers innovative and seamless business solutions to customers around the world. For more information, visit www.verizonbusiness.com.
VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts, high-quality video and images, and other information are available at Verizon's News Center on the World Wide Web at www.verizon.com/news. To receive news releases by e-mail, visit the News Center and register for customized automatic delivery of Verizon news releases.
CONTACT: Brianna Carroll Boyle of Verizon Business, +1-703-886-7093 or brianna.boyle@verizon.com
Web site: http://www.verizon.com/
http://www.verizonbusiness.com/us/security
Contacts:
General Information:
Brianna Carroll Boyle
USA
Phone: 703-886-7093
 E-mail this person
Company Information:
Name: Verizon Communications, Inc.
Address: 1095 Ave. Of The Americas
City: New York
State: NY
ZIP: 10036
Country: USA
Phone: 212-395-2121
FAX: 212-869-3265
http://www.verizon.com
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