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VeriSign Inc., which manages the ".com" and ".net" domain names registry and ensures internet users can reach those locations, said it will spend more than $100 million US on a massive infrastructure upgrade to combat a new wave of computer attacks and manage a surge in online activity.
Industry experts said VeriSign's investment comes at a critical time for the computing world. They pointed to hackers' powerful attacks this week on the computers that manage global internet traffic as evidence of the mounting threat from online criminals.
Stratton Sclavos, VeriSign's chief executive officer, was scheduled to announce the upgrade Thursday in San Francisco at a security conference sponsored by RSA Inc., the security division of EMC Corp.
Sclavos said it's the company's largest investment in infrastructure upgrades and technology development. The overall investment is slated to boost capacity tenfold by 2010.
He said VeriSign, which operates two of the 13 so-called "root" servers that manage global internet traffic, has an obligation to stay ahead of increasingly insidious and widespread internet attacks.
"We're seeing a lot more sophistication in these attacks," he said. "And they're not just targeting thousands of users â they're targeting hundreds of thousands or millions of users."
Source: http://www.cbc.ca/technology/story/2007/02/08/tech-verisign.html
Industry experts said VeriSign's investment comes at a critical time for the computing world. They pointed to hackers' powerful attacks this week on the computers that manage global internet traffic as evidence of the mounting threat from online criminals.
Stratton Sclavos, VeriSign's chief executive officer, was scheduled to announce the upgrade Thursday in San Francisco at a security conference sponsored by RSA Inc., the security division of EMC Corp.
Sclavos said it's the company's largest investment in infrastructure upgrades and technology development. The overall investment is slated to boost capacity tenfold by 2010.
He said VeriSign, which operates two of the 13 so-called "root" servers that manage global internet traffic, has an obligation to stay ahead of increasingly insidious and widespread internet attacks.
"We're seeing a lot more sophistication in these attacks," he said. "And they're not just targeting thousands of users â they're targeting hundreds of thousands or millions of users."
Source: http://www.cbc.ca/technology/story/2007/02/08/tech-verisign.html