17 Dec
2003
17 Dec
'03
11:17 p.m.
2-20-96. FT: "Cash versus cashless." Assays Y/Ns of e-cash and declares DigiCash the winner for its privacy and anonymity. Echoes DC privacy mantra and sketches DC/DC tests underway by the EU. Compares froth of issuers, fear of banks and so-what of consumers: "Physical cash already offers consumers a product that is universally accepted, convenient, anonymous and has no direct costs." 2-20-96. WSJ: "Security Sytem On the Internet Contains Flaw." Two Purdue University students discovered a major flaw in Kerberos that could allow a hacker to penetrate corporate networks in about 5.8 seconds, giving another black-eye to electronic commerce. SOW_hat