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Technology Stocks : WAVX Anyone? -- Ignore unavailable to you. Want to Upgrade?

To: Stephen L who wrote (7402)	6/11/1999 12:55:00 PM
From: SDR-SI	Read Replies (2) \| Respond to of 11417

Stephen, RE: > > > There is no absolute security (some of the quantum computing algorythms excluded), systems that create obstructions to unwanted eyes that are costly (time and other resources) to remove. The whole world of finance already operates on that assumption and prices fraud, default etc into the price of using the system. < < < The design of the security element of any operational or physical system is necessarily a tradeoff of broadly defined costs and benefits. One of the key items that Wave/Embassy brings to the cost-benefit analysis is the ability to make significant reductions in the probability of loss from various threats at relatively small cost. Key to its differentiation from software-based solutions in such a calculation are not only its small monetary cost, but its significantly lower cost in the use of system resources, compared to software implementations of similar functions, while at the same time physically securing key data elements that might otherwise be more accessible to the noted "unwanted eyes". Steve