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Iron Mountain Digital's Escrow Program Helps Secure Internet Address System for ICANN-Accredited Domain Name Registrars
Nov 28, 2007 (08:11 AM EST)
BOSTON, Nov. 28 /PRNewswire-FirstCall/ -- Iron Mountain Incorporated , the global leader in information protection and storage services, today announced that its technology arm, Iron Mountain Digital, has been selected by the Internet Corporation of Assigned Names and Numbers (ICANN) to provide escrow services which will be available to the more than 900 ICANN-accredited domain name registrars. The escrow program will protect registration data for the 90 million domain names they support. This agreement solidifies the security and stability of the Internet's domain name system by safeguarding the data associated with registered domain names in secure escrow accounts managed by Iron Mountain Digital.
A domain name registrar accredited by ICANN has the authority to register Internet domain names -- commonly thought of as web site addresses -- on behalf of consumers and businesses. ICANN has authority over gTLDs, or Generic Top Level Domains, such as .com, .net, .org, and .mobi. With nearly every major corporation in the world having registered a .com domain name extension, billions of interactions are supported every day.
Iron Mountain Digital is a neutral third party that offers escrow services to safeguard intellectual property assets, until a release event occurs. Under this escrow program, the pertinent and critical information for a party registering a domain name is held in escrow with Iron Mountain. This protects all of the consumers and businesses that have registered domain names with an ICANN-accredited registrar because their data will be safeguarded even if the registrar goes out of business or ceases operations. Holding this data in escrow also helps with business continuity efforts in the case of a failure with a registrar's data storage systems.
"The vast majority of ICANN's accredited registrars offer high levels of service and integrity; however, as we have seen, there is the risk that poorly performing registrars can hurt registrants significantly," said Dr. Paul Twomey, President and CEO of ICANN. "ICANN has selected Iron Mountain Digital as its escrow agent to help implement the Registrar Data Escrow program, a sensible and practical measure to protect registrants by storing and safeguarding a backup copy of domain name registration data in escrow."
The Registrar Data Escrow (RDE) program is designed to ensure that the information associated with registered domain names is never at risk. This data can be used by ICANN to allow continuity of registrar operations in the event a registrar's accreditation agreement is terminated or expires without renewal. ICANN-accredited registrars must deposit registration data with ICANN, through its designated escrow agent, Iron Mountain Digital, or with another approved third party provider of escrow services, as a condition of their accreditation agreement.
"As the founder of the technology escrow industry, Iron Mountain is proud to have been selected for such an important escrow program," said John Boruvka, vice president of Intellectual Property Management for Iron Mountain Digital. "ICANN joins thousands of customers worldwide who rely on Iron Mountain's technology escrow services to protect their intellectual property."
With the Registrar Data Escrow program in place, ICANN can provide assurance to the Internet community that a copy of the domain name registration information held by that registrar is safe. With this data in an Iron Mountain escrow account, the domain name information is secure, and the confidence of consumers and businesses registering domain names is strengthened.
For more information on Iron Mountain Digital's Intellectual Property Management services, visit http://www.ironmountain.com/ipm .
ICANN is responsible for the global coordination of the Internet's system of unique identifiers like domain names (like .org, .museum and country codes like .uk) and the addresses used in a variety of Internet protocols that help computers reach each other over the Internet. Careful management of these resources is vital to the Internet's operation, so ICANN's global stakeholders meet regularly to develop policies that ensure the Internet's ongoing security and stability. ICANN is an internationally organized, public benefit non-profit company. For more information please visit: http://www.icann.org .
About Iron Mountain Digital
Iron Mountain Digital is the world's leading provider of software -- and storage-as-a service solutions for backup and archiving. The technology arm of Iron Mountain Incorporated offers a comprehensive suite of data protection, archiving and intellectual property management solutions to thousands of companies around the world, directly and through a world-wide network of channel partners. Iron Mountain Digital is based in Southborough, Mass. with European headquarters in Frankfurt, Germany.
About Iron Mountain
Iron Mountain Incorporated http://www.ironmountain.com helps organizations around the world reduce the costs and risks associated with information protection and storage. The company offers comprehensive records management and data protection solutions, along with the expertise and experience to address complex information challenges such as rising storage costs, litigation, regulatory compliance and disaster recovery. Founded in 1951, Iron Mountain is a trusted partner to more than 100,000 corporate clients throughout North America, Europe, Latin American and Asia Pacific. For more information, visit the company's Web site at .
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