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New Layers of Defense: ID Theft and Authentication, Part 2

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By Andrew K. Burge, E-Commerce Times, 02/25/07 4:00 AM PT

“As more business information, content and customer data travels over these networks, the need for complying with data privacy regulations, protecting customer data and securely delivering subscription media will make data protection one of the hottest technology trends in 2007,” said Ron Willis, president and CEO of CipherOptics. 

“It was the best of times; it was the worst of times.” The oft-cited quotation from Dickens’ “” seems apt when talking about the opportunity presented by digital communications and computing.

It has also ushered in a new breed of who tries hard to steal your personal information and use it fraudulently.

Online fraud and ID theft are perhaps two of the most alarming new possibilities. These threats are serious and widespread enough to have reached the halls of Congress and the Executive Office, as was illustrated in Part 1 of this two-part series.

Data Protection is No. 1

What are some of the new ways in which financial institutions and their technology providers are trying to better detect and prevent online fraud?

First, the best of times — “2007 looks to be a year of tremendous growth for the next generation of security. Read more @ E-Commerce Times

OSA Editorial Comments:

We have to be very smart when it comes to picking the right software to protect our PC’s! Make sure you are using the most up to date online security for your internet connection and to protect you from key logging, including your Viruses and Malware, find out how your PC safe!

We need a new way Authentication that everyone can use, no question we have to come up with ways of stopping cyber criminals in there tracks I guess we don’t have to wonder where I stand this issue, to Police the Internet has to be the only course of action if we are going to the future of online security and the threat of the online Predators, if we can’t catch them and punish for there crimes, how do we even stand a chance against the rest the cyber-crime world!

We need to start making the Predators & Pedophiles pay with real punishment or real jail time! And we need to begin to say: “enough is enough” or scream out from the rooftops that “Were not going to Take IT Anymore!!”

What a eye opener we have to start getting tough with the would of do we just continue hide behind monitors allow the internet criminals to get away day after day?

Your Online Security Authority
Bill Wardell

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