On three days that typically constitute the busiest of the holiday season for online retailers -- "Cyber Monday" (Nov. 30), "Green Monday" (Dec. 14), and "Green Tuesday" (Dec. 15), online shoppers saw the VeriSign seal approximately 789 million times, or roughly a 50 percent increase over the same days last year.
VeriSign seals are common fixtures on Web pages of leading merchants. For example, the VeriSign Secured Seal indicates that the Web site is secured by SSL encryption and the identity of the business has been authenticated. The familiar VeriSign checkmark is displayed on more than 90,000 Web sites in 160 countries around the world -- more than any other trust mark on the Internet. Additionally, in studies conducted by a variety of businesses, the VeriSign seal has been shown to increase transactions ranging between 10 to 36 percent.
"As more and more people rely on the conveniences that online shopping affords, the VeriSign seal is there to help address any concerns around a secure shopping experience," said Tim Callan, vice president of product marketing at VeriSign. "A VeriSign seal offers a window into online activity on Web sites protected by the world's most recognized trust mark. By tracking the number of times consumers viewed a VeriSign seal, we're able to offer an indication of when consumers were most actively shopping online."
VeriSign is the most respected and trusted SSL authority on the Web. Ninety-one percent of U.S. online shoppers are familiar with the VeriSign seal, a larger percentage than any other Internet trust mark. Not surprisingly, 90 percent of the top 50 companies on the Internet Retailer 500, 93 percent of the Fortune 500 that use SSL and 97 of the world's 100 largest SSL-using banks secure their sites with SSL Certificates sold by VeriSign (includes VeriSign's subsidiaries, affiliates and resellers).
To learn more about the VeriSign Secured Seal, visit: http://www.verisign.com/ssl/secured-seal/.
VeriSign, Inc. (NASDAQ: VRSN) is the trusted provider of Internet infrastructure services for the networked world. Billions of times each day, VeriSign helps companies and consumers all over the world engage in communications and commerce with confidence. Additional news and information about the company is available at www.verisign.com.
Statements in this announcement other than historical data and information constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements involve risks and uncertainties that could cause VeriSign's actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, the uncertainty of future revenue and profitability; potential fluctuations in quarterly operating results due to such factors as the risk that VeriSign's announcements may not result in additional products, services, customers, profits or revenue; and increased competition and pricing pressures. More information about potential factors that could affect the company's business and financial results is included in VeriSign's filings with the Securities and Exchange Commission, including in the company's Annual Report on Form 10-K for the year ended December 31, 2008 and quarterly reports on Form 10-Q. VeriSign undertakes no obligation to update any of the forward-looking statements after the date of this press release.