14 DAY TRIAL // Wireless carrier AT&T announced on October 1 the purchase of VeriSign’s global security consulting business. According to the company, the deal was closed on Thursday, yet the terms of the deal weren't unveiled. At the same time, the operator also states that VeriSign’s security consulting experience will be aligned through this deal to AT&T’s suite of network-based cybersecurity services.
VeriSign's Global Security Consulting Services business has been designed to give a helpful hand to Fortune 500 companies in understanding corporate security requirements, identifying security vulnerabilities, moving through diverse regulations, defending against and responding to attacks, as well as to meeting business and industry security compliance requirements.
AT&T has been already focused on cybersecurity services and capabilities, and its AT&T Labs and cybersecurity organization have been working closely to deliver enterprise services and technology, the carrier stated. All network layers need to feature security intelligence, according to AT&T, so as to address risks in a more efficient manner.
“AT&T delivers today’s most powerful weapons to help combat cybersecurity attacks. Our network security solutions rely on three key ingredients – a scalable, reliable global IP network, security experts with in-depth, hands-on experience, and the innovation and research of AT&T Labs,” said Ron Spears, president and CEO of AT&T Business Solutions.
The idea of enterprise security is turning continuously into a more complex fact, mainly due to the merging between various content into a single communication network, AT&T states. The acquisition of VeriSign’s security consulting business and its addition to AT&T's networking and security portfolio will enable the company to expand its consulting and risk analysis expertise and better address the needs of businesses, Spears added.
“Through the sale of the Global Security Consulting business, VeriSign continues toward its divestiture goals while aligning with buyers with complementary strengths,” said Mark McLaughlin, president and CEO of VeriSign. “AT&T is a recognized leader who we believe will facilitate a smooth transition for customers and partners while presenting the most promising opportunities for our employees.”