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To: Mrs. Hoghead who wrote (3365)11/4/1999 2:26:00 PM
From: M Vavolizza  Respond to of 18222
 
Re-post from RB re: SECURITY on the Internet
By: WallStreetRange
Reply To: 7919 by canwecontinue Thursday, 4 Nov 1999 at 2:21 PM EST
Post # of 7952


Canwecontinue says,"Excuse me, millions of transactions are done safely over internet everyday using credit card's."

Canwecontinue is implying security is not that big an issue. I recently spoke with the CEO of Barnes and Noble. He feels credit card transactions are fairly safe BUT HE EMPHATICALLY TOLD ME THAT THE PERCEPTION OF THE PUBLIC IS THAT THE CREDIT CARD IS NOT SAFE. As long as the perception persisits, security becomes a number 1 issue.
Also, however, there were people (including bankers) at the World Internet Conference 99 which I attended who contended that theft of credit card numbers over the internet is growing rapidly. Hacker skills are phenomenal. We at ECNC believe our encryption cannot be broken.

So whether real or perceived: SECURITY IS AN ISSUE - and we are there!!!

Manny Vavolizza