Matt, you were dead right on your TA call. Nice one!
For those interested in seeing what another analyst thinks of ZIXI currently, I am pasting this two part post from Yahoo!
The technology is the key...if you understand it.
Enjoy the ride!
Deutsche Banc Alex Brown Report
by: asherbenkorah
5/10/00 1:32 pm
Msg: 69678 of 69695
Dated today May 10, 2000
"This was the week of the Internet LoveBug virus. Throughout the land, it captured the hearts and minds of the press. The potential disruptionsit caused are still being tallied, and it clearly sent investors racing to the shares of security giants like Verisign, Entrust and Baltimore Technologies.
In our opinion, the LoveBug virus gives rise to the question, will a public network like the Internet ever be safe from violators, perpetrators, and/or hooligans? Moreover, will such events scare commerce away from the Internet? Or will they lead to a balkanization in which closed communities created through virtual private networks remain the only safe haven?
Much work has been done on the topic of a "crimeless society," and the conclusion usually reached is one of tradeoffs. To eliminate all crime from our streets would require inordinate human sacrifice as well as significant redeployment of societal resources. In other words, instead of a guns versus butter proposition, we would have a crime fighters versus butter proposition. It would not be a nice place to live.
As the LoveBug dripped off the morning headlines, we happened to be touring a state-of-the-art security facility. This facility is owned, operated and protected by Zixit, one of the best kept secrets (in our minds) in the virtual private networks industry. This facility appears very unique and could be set to change the way Internet security touches our activities.
Unlike traditional security organizations, Zixit deploys its technology from a transaction-based security server, or its worldwide security server. All security springs from this fount and thus addresses a principal weakness in current internet security systems; no real transaction-based security authorities."
Part II to follow immediately. Report is being typed by poster and subject to typos. Report is fax copy in posters possession.
Part II Deutsche Banc Alex Brown
by: asherbenkorah
5/10/00 1:51 pm
Msg: 69685 of 69696
"Take a simple Secure Socket Layer (SSL) session, which helps to shield our communications when we are shopping or exchanging any type of sensitive information over the Internet.
This SSL session creates a virtual private network between you and me, and it does so with keys that are exchanged during our session. So far, so good. However, those keys are resident in computer browsers, not a central , iron-flat secure facility. Thus, the keys may be only as good as the security in each of our computers.
Imagine a world where we must be concerned not just about threats from the outside (like the LoveBug) but also about those from within. This would force us all to monitor our own security and each other's. Again, this would not be a pretty place, particularly, if there are not alternatives.
Zixit has found a much better way to address these issues. It assumes the role of the central secure facility for the instantaneous exchange of those public keys that secure sensitive data. It forces each party to identify themselves before the keys are transmitted, and it also ensures authenticity through other instantaneous checks. Moreover, if it determines that there has been a violation to a digital signature, then it can deactivate the status of the public key to ensure that chriem is deterred immediately.
Those procedures occur in real time and they are done at a negligible fraction of the cost of the current alternatives.
We believe Zixit represents one sensible, relatively costless answer to Internet crime. We also believe that the total costs of crime are to excessive in any environment, including the Internet, to eliminate. They must instead be deterred and, arguably, through private enterprise wherever possible.
The Internet eliminates so many deadweight inefficiencies that scares like the LoveBug cannot - and arguably will not - be allowed to stop its progress. Wtih private enterprise
establishing new Internet security beachheads, lets hope that the press can give at least as much attention to new ways to deter Internet hooligans as they give the hooligans
themselves"
End of report |
