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Verisign

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result of these new policies, Network Solutions divided itself into two divisions. The NSI Registry division was established to manage the authoritative registries that the company would still operate, and was separated from the customer-facing registrar business that would have to compete with other registrars. The divisions were even geographically split with the NSI Registry moving from the corporate headquarters in Herndon, Virginia, to nearby Dulles, Virginia. In 2000, VeriSign purchased Network Solutions taking over its role in the Internet's DNS. The NSI Registry division eventually became VeriSign's naming services division while the remainder of Network Solutions was later sold by Verisign in 2003 to Pivotal Equity Group.
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one at 21 Boulden Circle in New Castle, Delaware, and a third in Fribourg, Switzerland. Their three data centers are mirrored so that a disaster at one data center has a minimal impact on operations. Verisign also leases an office suite in downtown Washington, D.C., on K street where its government relations office is located. It also has leased server space in numerous internet data centers around the world where the DNS constellation resolution sites are located, mostly at major internet peering facilities. One such facility is at the
858:. The mistake was not discovered and the certificates were not revoked until two weeks later during a routine audit. Because Verisign code-signing certificates do not specify a Certificate Revocation List Distribution Point, there was no way for them to be automatically detected as having been revoked, placing Microsoft's customers at risk. Microsoft had to later release a special security patch in order to revoke the certificates and mark them as being fraudulent. 914:, and Verisign shut down the service. Subsequently, Verisign filed a lawsuit against ICANN in February 2004, seeking to gain clarity over what services it could offer in the context of its contract with ICANN. The claim was moved from federal to California state court in August 2004. In late 2005, Verisign and ICANN announced a proposed settlement which defined a process for the introduction of new registry services in the 751: 40: 616: 263: 243: 223: 203: 183: 2195: 476: 870:– transferring domains from other registrars to themselves by making the registrants believe they were merely renewing their domain name. Although they were found not to have broken the law, they were barred from suggesting that a domain was about to expire or claim that a transfer was actually a renewal. 1006:
Because of the lack of details provided by Verisign, it was not clear whether the breach impacted the certificate signing business, acquired by Symantec in late 2010. Some, such as Oliver Lavery, the Director of Security and Research for nCircle, doubted whether sites using Verisign SSL certificates
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Verisign's share price tumbled in early 2014, hastened by the U.S. government's announcement that it would "relinquish oversight of the Internet's domain-naming system to a non-government entity". Ultimately ICANN chose to continue VeriSign's role as the root zone maintainer and the two entered into
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For the year ended December 31, 2010, Verisign reported revenue of $ 681 million, up 10% from $ 616 million in 2009. Verisign operates two businesses, Naming Services, which encompasses the operation of top-level domains and critical Internet infrastructure, and Network Intelligence and Availability
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development which has become a major commercial and business hub for the region. In addition to its Reston headquarters, Verisign owns three data center properties. One at 22340 Dresden Street in Dulles, Virginia, not far from its corporate headquarters (within the large Broad Run Technology Park),
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to manage and operate the civilian side of the Internet's domain name registrations. Network Solutions was the sole registrar for all of the Internet's non-governmental generic top-level domains until 1998 when ICANN was established and the new system of competitive registrars was implemented. As a
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completed its approximately $ 1.28 billion acquisition of Verisign's authentication business, including the Secure Sockets Layer (SSL) Certificate Services, the Public Key Infrastructure (PKI) Services, the Verisign Trust Services, the Verisign Identity Protection (VIP) Authentication Service, and
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DNS due to its critical importance as the domain underlying numerous "backbone" network services. Verisign was also aided by the fact that several of the other bidders were based outside the United States, which raised concerns in national security circles. On June 8, 2005, ICANN announced that
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reported that "Verisign will say only that it received sealed court orders directing certain actions to be taken with respect to specific domain names". The removal of the 82 websites was cited as an impetus for the launch of "the Dot-P2P Project" in order to create a decentralized DNS service
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headquarters, in 2010 and decided to purchase the building in September 2011. They have since terminated their lease of their current space in two buildings at Lakeside@Loudoun Technology Center. The company completed its move at the end of November 2011. The new headquarters is located in the
717:. Changes to the root zone were originally distributed via the A root server, but now they are distributed to all thirteen servers via a separate distribution system which Verisign maintains. Verisign is the only one of the 12 root server operators to operate more than one of the thirteen 729:. In 2016, the Department of Commerce ended its role in managing the Internet's DNS and transferred full control to ICANN. While this initially negatively impacted VeriSign's stock, ICANN eventually chose to contract with Verisign to continue its role as the root zone maintainer. 557:
the majority stake in Verisign Japan. The deal capped a multi-year effort by Verisign to narrow its focus to its core infrastructure and security business units. Following ongoing controversies regarding Symantec's handling of certificate validation, which culminated in
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expired and five companies, including Verisign, bid for management of it. Verisign enlisted numerous IT and telecom heavyweights including Microsoft, IBM, Sun Microsystems, MCI, and others, to assert that Verisign had a perfect record operating
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registry. The documents concerning these settlements are available at ICANN.org. The ICANN comments mailing list archive documents some of the criticisms that have been raised regarding the settlement. Additionally, Verisign was involved in the
1408: 1003:(DNS) that they maintain, but would not provide details about the loss of data. Verisign was widely criticized for not disclosing the breach earlier and apparently attempting to hide the news in an October 2011 SEC filing. 533:. Those core registry functions formed the basis for Verisign's naming division, which by then had become the company's largest and most significant business unit. In 2002, Verisign was charged with violation of the 487:
certification services business. The new company received licenses to key cryptographic patents held by RSA (set to expire in 2000) and a time-limited non-compete agreement. The new company served as a
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Following the sale of its authentication services division in 2010, Verisign relocated from its former headquarters in Mountain View, California, to the headquarters of the naming division in
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in 2010, Verisign had more than 3 million certificates in operation for everything from military to financial services and retail applications, making it the largest CA in the world.
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for these particular domains and hosts the domains from their domain servers. In addition, Verisign is also the contracted registry operator for the country code top-level domain
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for $ 1.28 billion. The deal capped a multi-year effort by Verisign to narrow its focus to its core infrastructure and security business units. Symantec later sold this unit to
926: 1295: 1621: 815:(originally NSI Registry's headquarters). Verisign began shopping that year for a new permanent home shortly after moving. They signed a lease for 12061 Bluemont Way in 1953: 1104:. In March 2012, Verisign shut down the sports-betting site Bodog.com after receiving a court order, even though the domain name was registered to a Canadian company. 596: 2115: 1382: 2828: 2818: 2141: 2878: 2577: 1491: 626:
Verisign's core business is its naming services division. The division operates the authoritative domain name registries for two of the Internet's most important
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In February 2012, Verisign revealed that their network security had been repeatedly breached in 2010. Verisign stated that the breach did not impact the
2058: 1647: 1514: 1204: 725:” and are no longer operated from any of the company's own datacenters as a means to increase redundancy and availability and mitigate the threat of a 572:
On 14 December 2021, the Ministry of Justice, Communication and Foreign Affairs of the Tuvalu Government announced on Facebook that they have selected
2537: 1801: 2858: 2532: 2426: 1016: 2032: 1438: 2848: 2843: 2838: 1860: 1155: 2868: 1566: 1923: 1460: 697:" which are identified by the letters A-M (Verisign operates the “A” and “J” root servers). The root servers form the top of the hierarchical 2284: 1317: 899: 530: 1893: 1023:
Internet addresses that were reported to be involved in the illegal sale and distribution of counterfeit goods. As registry operator for
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act as the “retailers”, working directly with consumers to register a domain name address. It formerly was the contracted registry for
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In keeping with ICANN's charter to introduce competition to the domain name marketplace, Verisign agreed to give up its operation of
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warned of the dangers of having key pieces of Internet infrastructure such as DNS name translation under corporate control.
2107: 1378: 2774: 387: 2137: 2873: 991:. On July 1, 2011, ICANN announced that VeriSign's approval to operate .net was extended another six years, until 2017. 1487: 2823: 2324: 1697:"Microsoft Security Bulletin MS01-017 - Critical: Erroneous VeriSign-Issued Digital Certificates Pose Spoofing Hazard" 733: 48: 1226: 1072:
if the companies administering the domains are based in the U.S. The U.S. government can seize the domains ending in
761: 1696: 1592: 2782: 2449: 428:. acquired VeriSign's Security Service Customer Contracts. The acquisition effectively transferred Verisign Inc.'s 402: 780: 765: 2517: 2422: 2277: 2226: 772: 714: 661:
for their respective registry operators, which are non-profit organizations; in this role Verisign maintains the
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as the new registry service provider for the domain after Verisign did not participate in the renewal process.
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VeriSign's naming services division dates back to 1993 when Network Solutions was awarded a contract by the
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through our Digital Authentication services and products". Prior to selling its certificate business to
489: 1886:"ICANN - Archives - General Information Regarding Designation of the Subsequent .net registry Operator" 443:(CFO) Brian Robins announced in August 2010 that the company would move from its original location of 2352: 2270: 1405:"The Emerson Firm Announces Class Action Lawsuit Against VeriSign Inc. on Behalf of Investors — VRSN" 542: 409: 2329: 2306: 1915: 1464: 493: 701:
that supports most modern Internet communication. Verisign also generates the globally recognized
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University of Minnesota, Minneapolis. Bidzos discusses his leadership of software security firm
1722: 1885: 882:, which redirected Web browsers to a search service when users attempted to go to non-existent 2724: 2230: 1670: 1027:, Verisign performed the required takedowns of the 82 sites under order from law enforcement. 834: 683: 658: 627: 504: 456: 109: 2006: 1256: 1121: 1048:
In March 2012, the U.S. government declared that it has the right to seize domains ending in
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as it sought to commercialize encryption technology as well as his role in creating the
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and is also responsible for processing changes to that file once they are ordered by
562: 86: 73: 1823: 1431:"VeriSign To Sell Network Solutions, Exit Registrar Business - News - TechNewsWorld" 525:
TLDs under agreements with the Internet Corporation for Assigned Names and Numbers (
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during the following week and its forced move to wikileaks.ch, a Swiss domain, the
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top-level domain in 2003 in exchange for a continuation of its contract to operate
851: 484: 137: 416:(PKI), Verisign Trust Seal, and Verisign Identity Protection (VIP) services – to 2739: 2622: 2522: 2444: 2387: 2377: 879: 750: 351:, that operates a diverse array of network infrastructure, including two of the 2754: 2689: 2527: 2474: 2397: 2190: 820: 600: 448: 215: 91: 2749: 2709: 2704: 2644: 2469: 2464: 2407: 2402: 2244: 2237:
and founding Verisign. Oral history interview 2004, Mill Valley, California.
1726: 1700: 1033: 855: 675:). Registry operators are the "wholesalers" of Internet domain names, while 662: 615: 39: 1227:"NeuStar Acquires VeriSign - Security Services Customer Contracts | Mergr" 898:
asserted that Verisign had overstepped the terms of its contract with the
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In 2010, Verisign sold its authentication business unit – which included
352: 165: 105: 1723:"Windows Security Update: Verisign Digital Certificates Spoofing Hazard" 436:, DNS Firewall and fee-based Recursive DNS services customer contracts. 17: 2764: 2759: 2674: 2649: 2639: 2597: 2562: 2557: 2489: 2454: 2434: 2254: 1171:"Symantec To Buy VeriSign Unit For $ 1.28 Billion – Storage – Disaster" 1092:
by serving a court-order on Verisign, which manages those domains. The
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without centralized registry operators. Following the disappearance of
921: 830: 722: 573: 492:(CA) and its initial mission was "providing trust for the Internet and 425: 1515:"Lehi's DigiCert swallows web security competitor in $ 1 billion deal" 2744: 2607: 2542: 2494: 2459: 2439: 2262: 558: 306: 82: 951:, which, at the time had more than 34 million registered addresses. 837:, one of the world's largest datacenters and internet transit hubs. 475: 1541:"GoDaddy wins contract to run .TV, Verisign didn't bid for renewal" 2694: 2664: 2552: 2547: 2512: 2484: 2479: 1977:"VeriSign Hacked Multiple Times in 2010 | News & Opinion" 1257:"Neustar Acquires Verisign's Security Services Customer Contracts" 988: 895: 706: 654: 643: 526: 474: 392: 373: 235: 2792: 2659: 2654: 965: 943: 890: 884: 680: 648: 638: 632: 591: 585: 521: 515: 509: 398: 367: 361: 2266: 545:(wholesale) function as its core Internet addressing business. 2729: 1618:"VeriSign Inc. (VRSN) Pulled Back After Government Transition" 1348:"Verisign acquires Network Solutions for $ 21B - Mar. 7, 2000" 744: 687: 667: 433: 383: 2222: 1197:"Symantec Plans to Sell This Business for Nearly $ 1 Billion" 302: 2210: 1461:"VERISIGN REPORTS 10% YEAR-OVER-YEAR REVENUE GROWTH IN 2010" 902:, which in essence grants Verisign the right to operate the 854:
certificates to an individual claiming to be an employee of
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by 2011 due to 95% of the company's business being on the
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In mid-2005, the existing contract for the operation of
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In September 2003, Verisign introduced a service called
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In January 2001, Verisign mistakenly issued two Class 3
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Verisign also operates two of the Internet's thirteen "
2080: 1824:"ICANN Email Archives: [settlement-comments]" 1593:"Verisign loses prestige .gov contract to Cloudflare" 646:. It is the primary technical subcontractor for the 2773: 2621: 2502: 2421: 2338: 2305: 2298: 1950:"VeriSign Hacked: What We Don't Know Might Hurt Us" 541:) business in 2003 for $ 100million, retaining the 320: 287: 273: 253: 233: 213: 193: 177: 157: 143: 133: 115: 101: 71: 61: 2814:Internet technology companies of the United States 2218:Digicert SSL Certificates - formerly from Verisign 2081:"Peer-to-peer response to Verisign's DNS removals" 537:. Verisign divested the Network Solutions retail ( 483:Verisign was founded in 1995 as a spin-off of the 2108:"WikiLeaks under attack: the definitive timeline" 686:as well as for the country code top-level domain 1379:"VeriSign boosts profit 23% on revenue, margins" 974:. They proposed Verisign continue to manage the 597:Cybersecurity and Infrastructure Security Agency 2165:"Uncle Sam: If It Ends in .Com, It's .Seizable" 1488:"Symantec Acquires VeriSign for $ 1.28 Billion" 583:(GSA) to operate the registry services for the 561:untrusting Symantec-issued certificates in its 2278: 8: 995:2010: Data breach and disclosure controversy 589:top-level domain. They continued to operate 32: 1943: 1941: 779:. Unsourced material may be challenged and 603:to replace Verisign as the .gov operator. 2302: 2285: 2271: 2263: 1757:: VeriSign slammed for domain renewal scam 1288:"VeriSign shifts headquarters to Virginia" 47: 38: 31: 1671:"A Brief History of NSF and the Internet" 1122:"Verisign Company Profile - CNNMoney.com" 799:Learn how and when to remove this message 2223:Oral history interview with James Bidzos 1017:U.S. Immigration and Customs Enforcement 614: 1156:U.S. Securities and Exchange Commission 1113: 2829:Computer companies established in 1995 2819:American companies established in 1995 2029:"Verisign implicated in DNS annulment" 1975:Albanesius, Chloe (February 2, 2012). 1834:from the original on February 18, 2006 1677:from the original on November 27, 2015 1539:Allemann, Andrew (December 14, 2021). 1237:from the original on February 29, 2020 979:Verisign had been approved to operate 846:2001: Code signing certificate mistake 579:In 2011, Verisign was selected by the 2879:Domain name seizures by United States 2144:from the original on December 5, 2010 2118:from the original on January 17, 2017 2061:from the original on December 6, 2010 2035:from the original on December 1, 2010 1983:from the original on January 16, 2013 1896:from the original on December 4, 2004 1804:from the original on February 7, 2006 1650:from the original on November 6, 2015 1328:from the original on October 16, 2018 1132:from the original on October 10, 2017 359:, the authoritative registry for the 7: 2055:"Verisign acknowledges DNS removals" 2003:"82 Websites removed by DNS removal" 1926:from the original on October 3, 2015 1565:Lipowicz, Alice (February 3, 2011). 1298:from the original on August 30, 2010 1207:from the original on January 4, 2018 983:until 2011. More information on the 777:adding citations to reliable sources 531:United States Department of Commerce 507:for $ 21billion, which operated the 2834:Companies based in Reston, Virginia 2138:"EFF warns of Internet chokepoints" 2106:Arthur, Charles (January 8, 2010). 2087:from the original on March 28, 2018 1624:from the original on April 13, 2014 1545:Domain Name Wire | Domain Name News 1441:from the original on March 18, 2012 1411:from the original on August 7, 2014 1385:from the original on August 1, 2013 1358:from the original on April 12, 2011 1267:from the original on April 19, 2019 390:, and the back-end systems for the 1956:from the original on June 11, 2013 1948:Bradley, Tony (February 2, 2012). 1854:"Kremen v. Network Solutions, Inc" 1774:from the original on July 12, 2007 1591:Murphy, Kevin (January 16, 2023). 1494:from the original on March 2, 2018 1152:"Verisign 2023 Annual Report 10-K" 25: 1286:Krouse, Sarah (August 27, 2010). 1177:from the original on May 22, 2010 1169:Antone Gonsalves (May 20, 2010). 2193: 2163:Kravets, David (March 6, 2012). 987:bidding process is available at 749: 721:. The A and J root servers are " 347:is an American company based in 262: 261: 242: 241: 222: 221: 202: 201: 182: 181: 2859:1995 establishments in Virginia 1859:. July 25, 2003. Archived from 1513:Raymond, Art (August 3, 2017). 1407:(Press release). May 16, 2002. 866:In 2002, Verisign was sued for 581:General Services Administration 336:Footnotes / references 2849:Radio-frequency identification 2844:Former certificate authorities 2839:Companies listed on the Nasdaq 1038:Electronic Frontier Foundation 1011:2010: Web site domain seizures 862:2002: Domain transfer law suit 424:in 2017. On October 25, 2018, 388:country-code top-level domains 1: 2869:1998 initial public offerings 2775:Web content management system 1770:. ICANN.org. March 26, 2007. 1044:2012: Web site domain seizure 565:, Symantec sold this unit to 430:Distributed Denial of Service 2240:Business data for Verisign: 1668:National Science Foundation 1486:Dealbook (August 10, 2010). 1377:Kell, John (July 25, 2013). 874:2003: Site Finder legal case 1381:. The Wall Street Journal. 1292:Washington Business Journal 900:U.S. Department of Commerce 734:National Science Foundation 715:U.S. Department of Commerce 569:in 2017 for $ 950 Million. 503:In 2000, Verisign acquired 432:(DDoS) protection, Managed 403:sponsored top-level domains 2895: 2783:Document management system 2450:Domain Technologie Control 2423:Web hosting control panels 1015:On November 29, 2010, the 2864:DDoS mitigation companies 2227:Charles Babbage Institute 1096:domain is managed by the 595:service until 2023, when 414:public key infrastructure 334: 316: 283: 46: 37: 27:American Internet company 1753:August 10, 2017, at the 1102:Public Interest Registry 607:a new contract in 2016. 465:incorporated in Delaware 1173:. Informationweek.com. 727:single point of failure 535:Securities Exchange Act 441:chief financial officer 2854:Domain name registries 1768:"Litigation Documents" 1318:"EDGAR Search Results" 925:matter decided by the 833:Ashburn Datacenter in 677:domain name registrars 623: 480: 121:; 29 years ago 2393:Web content lifecycle 1644:"Registry Agreements" 1435:www.technewsworld.com 618: 539:domain name registrar 490:certificate authority 478: 2353:Mobile web analytics 1437:. October 17, 2003. 1158:. February 15, 2024. 773:improve this section 713:and approved by the 622:produced by Verisign 543:domain name registry 410:Secure Sockets Layer 2874:Corporate spin-offs 2009:on December 2, 2010 1866:on February 3, 2007 1467:on November 2, 2011 552:On August 9, 2010, 494:Electronic Commerce 412:(SSL) certificate, 275:Number of employees 119:April 12, 1995 34: 2824:Domain Name System 2413:Website governance 2293:Website management 1620:. March 18, 2014. 1203:. August 2, 2017. 1100:-based non-profit 1007:could be trusted. 1001:Domain Name System 826:Reston Town Center 813:Sterling, Virginia 741:Company properties 699:Domain Name System 624: 563:Chrome web browser 481: 439:Verisign's former 2801: 2800: 2725:Network Solutions 2373: 2372: 2231:RSA Data Security 1748:TheRegister.co.uk 835:Ashburn, Virginia 809: 808: 801: 684:top-level domains 659:top-level domains 628:top-level domains 505:Network Solutions 463:. The company is 457:Northern Virginia 379:top-level domains 342: 341: 16:(Redirected from 2886: 2720:NearlyFreeSpeech 2573:Identity Digital 2504:Top-level domain 2303: 2287: 2280: 2273: 2264: 2214: 2213: 2211:Official website 2203: 2201:Companies portal 2198: 2197: 2196: 2180: 2179: 2177: 2175: 2160: 2154: 2153: 2151: 2149: 2134: 2128: 2127: 2125: 2123: 2103: 2097: 2096: 2094: 2092: 2077: 2071: 2070: 2068: 2066: 2051: 2045: 2044: 2042: 2040: 2025: 2019: 2018: 2016: 2014: 2005:. 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Archived from 1457: 1451: 1450: 1448: 1446: 1427: 1421: 1420: 1418: 1416: 1401: 1395: 1394: 1392: 1390: 1374: 1368: 1367: 1365: 1363: 1344: 1338: 1337: 1335: 1333: 1314: 1308: 1307: 1305: 1303: 1283: 1277: 1276: 1274: 1272: 1253: 1247: 1246: 1244: 1242: 1223: 1217: 1216: 1214: 1212: 1193: 1187: 1186: 1184: 1182: 1166: 1160: 1159: 1148: 1142: 1141: 1139: 1137: 1118: 1095: 1091: 1087: 1083: 1079: 1075: 1071: 1067: 1063: 1059: 1055: 1051: 1026: 1022: 986: 982: 977: 973: 968: 958: 950: 946: 936: 924: 917: 913: 909: 893: 887: 804: 797: 793: 790: 784: 753: 745: 719:root nameservers 670: 657: 651: 641: 635: 594: 588: 574:GoDaddy Registry 524: 518: 512: 401: 395: 386: 376: 370: 364: 357:root nameservers 349:Reston, Virginia 330: 327: 268: 267:US$ −1.6 billion 265: 264: 258: 248: 247:US$ 1.75 billion 245: 244: 238: 228: 225: 224: 208: 207:US$ 1.00 billion 205: 204: 196:Operating income 188: 187:US$ 1.49 billion 185: 184: 148:Reston, Virginia 129: 127: 122: 55:Reston, Virginia 53:Headquarters in 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Index

VeriSign


Reston, Virginia
Public
Traded as
Nasdaq
VRSN
S&P 500
Internet
communications
James Bidzos
Reston, Virginia
chairman
CEO
Operating income
Net income
Total assets
Total equity
ASNs
7342
26415
J-root
verisign.com
Reston, Virginia
Internet
root nameservers
.com
.net
.name

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