Verizon Business adds biometrics to cybersecurity solution portfolio
Verizon Business is launching biometrics-backed Verizon Identity among three new security solutions added to its product portfolio to help companies fight cybercrime. The new cybersecurity offerings include Verizon Managed Detection and Response and Verizon Machine State Integrity, and the company has upgraded its Rapid Response Retainer service that provides cyber intelligence and incident response performance from the Verizon Threat Research Advisory Center (VTRAC), the company announced.
Verizon Identity (VID) and Verizon Machine State Integrity are the first Verizon Business solutions to use blockchain. Users can implement Verizon ID to securely keep identity credentials on mobile devices so they no longer have to rely on passwords.
According to Verizon’s 2019 Data Breach Investigations Report, stolen credentials were responsible for 29 percent of data breaches. Verizon ID leverages multi-factor authentication and biometrics for identity protection and uses blockchain technology to encrypt and transmit information to multiple servers to avoid single points of entry in case of attack. Verizon ID complies with all major regulations and identity standards including NIST SP 800-63-3, GDPR and FIDO2, and globally available.
Verizon’s Machine State Integrity solution provides insights on compliance and security issues. It will be available in the U.S. from Q2 2020.
Verizon Managed Detection and Response (MDR) is a cloud-based solution that uses analytics and behavior modeling from Securonix to detect cyberthreats. It becomes globally available in April 2020.
Verizon’s Rapid Response Retainer comes with options such as Verizon Network Detection and Response, Dark Web Hunting, Tanium’s endpoint protection and Verizon’s backbone NetFlow.
“Cybercrime is a daily threat to every organization and government across the globe. Our 2019 Data Breach Investigations Report highlighted that financially motivated cyberattacks are increasing across the board, and that C-level executives are increasingly and proactively targeted by social breaches, linked to (for example) stolen credentials. Now, more than ever, organizations need to be thinking differently about security, and leveraging cutting edge technology to help mitigate against cybercrime. These Verizon solutions offer a significant step forward in cybersecurity protection,” said Alex Schlager, executive director and chief product officer of security services at Verizon Business in the announcement.