Computer Security

Computer Security

Challenges of Verisign-based solution

Due to the innovative form of Norweigan banking model, the bank could not utilize the solutions that are available to them on readymade basis. Those solutions of internet security would not be helpful in the course of their primary building out. When they will implement their offering of services, the quo of status would be unacceptable. Due to this reason the bank have been founded and they have decided to start by implementing innovative solutions and for that purpose they ah=have found VeriSign to be the best solution to provide security of internet into their environment of banking. They have analyzed this solution to be the force of driving to assist them in differentiating their offering of services. The challenges that the bank will face in the implementation of this solution will include that they have dependant on the creativity and support of VeriSign in order to push themselves ahead of the cutting edge for their customers and in order to lead in the sector of banking. One concerned factor or say a challenge would be that the other banking sectors would like to discuss about their capabilities, however the VeriSign would be among those companies that are involved within those talks.

The potential uncertainties and risks would involve amongst other the uncertainty of upcoming revenue and potential and profitability fluctuations in functioning out comes because of this factors like raising competition, pressure of pricing from challenging services offered at below prices and changes in the practices of banking. One more challenge for this solution would be of administration of internet, changes in the behavior of customers, platforms of internet and patterns of web-brewing. The inability of the solution of VeriSign in its successful implementation would also include the whether this new solution would acquire acceptance of banking or would result in any kind of revenues, interruptions of system, breaches of security, hackers attack on the security of bank , intentional vandalism acts. One more challenge would be uncertainty of duration and expense related to the services of transition and needs relating to completed reforms and also the uncertainty that the implementation of this solution will achieve the planned objectives or not.

Planning Considerations of Verisign-based solution

VeriSign is the trusted supplier of the services of internet structure fir the networked globe. Several times within a single day, VeriSign would help the banking environment and consumers all across ...