Verizon Introduces Computing as a Service

Verizon has introduced Computing as a Service, or CaaS, the company's cloud computing solution delivered from Verizon (News - Alert) cloud centers in the U.S. and Europe. With this, credit card transactions are expected to become safer and easier to deal with.

Now the merchants can be confident that their customers' data is protected by the most rigorous industry-recognized payment-card security standard available globally. Verizon CaaS underwent a comprehensive third-party examination of its policies, procedures and technical systems to become PCI (News - Alert) DSS-validated. The company also had on-site assessment and system-wide vulnerability scan for this purpose. Developed by the founding payment brands of the PCI Security Standards Council, the PCI DSS facilitates the broad adoption of consistent data security measures globally.

Verizon is among the companies that are trying to achieve "everything-as-a-service" model where cloud-based converged solutions are securely delivered through managed and professional services over the company's global IP network.

“Compliance with PCI DSS sets Verizon apart from other players in this space," said Joseph S. Crawford, executive director, IT solutions, Verizon Business (News - Alert).  "As more enterprises look to cloud-enabled IT services, it is essential that we offer a secure environment for corporate applications.  PCI compliance further underscores our ongoing commitment and investment in cloud computing” continued Joseph S. Crawford.

Providing features such as security management, policies, procedures, network architecture, software design and other critical protective measures, the PCI DSS is a multifaceted security standard that helps organizations proactively protect customer account data. Verizon also offers various other PCI DSS-compliant services, including its transaction services network. With Verizon CaaS, customers can efficiently and securely manage on-demand computing resources, states the company.

Recently, the company announced it has completed a field trial that demonstrated near gigabit-per-second bandwidth to a customer on the currently deployed gigabit passive optical network or “GPON” in a live production FiOS (News - Alert) network setting. Verizon's GPON platform supports a total throughput of 2.4 Gbps downstream and 1.2 Gbps upstream to customers connected to the PON. This test successfully demonstrated the ability to serve customers.