VeriSign® issued a press release today, revealing that Name.com has joined the VeriSign® identity Protection (VIP) Network – meaning that Name.com can provide additional protection to its clients beyond a secure log-in.

Name.com will now offer its clients two-factor authentication from VeriSign®. Two-factor authentication combines something a client knows (username and password) with something they have – for example an authentication keyfob. The security device (as VeriSign® refers to it) works by generating a one-time password for every sign on. The security device works across any VIP-enabled Web site.

This is a good move for Name.com, given the increased prevalence of domain theft. Those domainers with portfolios containing valuable generics are at a heightened risk and may flock to Name.com as a result.