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Technology Stocks : Identix (IDNX)
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To: David who wrote (13339)5/3/1999 11:19:00 AM
From: David  Read Replies (1) of 26039
 
Some costs of e-security, from today's online NY Times:

"[S]oftware designed to encrypt customer information as it travels to the seller, such as that sold by Verisign, costs $350 a year.

"And through companies like Cybercash, E-commerce sites can get credit card encryption and processing services set up for roughly $400, plus a fee of 20 to 25 cents a transaction. And for as little as $30 a month, smaller merchants can get secure online storefronts through companies like Cybercash and Internet providers."

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The article makes the point that a number of smaller companies are less interested in transactional security than the appearance of transactional security and that, given relatively modest security costs, it would not be such a bad idea if the government required true security.
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