new web security product
I wouldn't pass this along normally, but it seems to allow folks to use their credit cards at home securely. Bye-bye, First Virtual... ;) http://www.cnn.com/TECH/9601/encryption/index.html -- Ed Carp, N7EKG Ed.Carp@linux.org, ecarp@netcom.com 214/993-3935 voicemail/digital pager 800/558-3408 SkyPager Finger ecarp@netcom.com for PGP 2.5 public key an88744@anon.penet.fi "Past the wounds of childhood, past the fallen dreams and the broken families, through the hurt and the loss and the agony only the night ever hears, is a waiting soul. Patient, permanent, abundant, it opens its infinite heart and asks only one thing of you ... 'Remember who it is you really are.'" -- "Losing Your Mind", Karen Alexander and Rick Boyes
"Ed Carp, KHIJOL SysAdmin" writes:
I wouldn't pass this along normally, but it seems to allow folks to use their credit cards at home securely. Bye-bye, First Virtual... ;)
I don't think its going to fly. No one wants to pay for an unneeded $100 piece of hardware to encrypt the same credit card over and over again, when a nearly zero marginal cost piece of software can do the same thing. Perry
Ed Carp writes:
: > I wouldn't pass this along normally, but it seems to allow folks to use : > their credit cards at home securely. Bye-bye, First Virtual... ;)
Perry Metzger writes:
: I don't think its going to fly. No one wants to pay for an unneeded : $100 piece of hardware to encrypt the same credit card over and over : again, when a nearly zero marginal cost piece of software can do the : same thing.
Jeff Hupp writes:
I am not even sure it IS an encryption device. ...... It may just be a low cost? mag stripe reader...
Let's assume that it is an encryption device, though I agree that this is left unclear. This is by no means the first announcement of such a device. I suspect it is targeted at physical merchants, and intended more to compete with the likes of Verifone terminals than anything else. I doubt that anyone's basing their business plan on the idea that consumers will spend $100 each for a device that helps them to spend more money, but has no other direct utility. -- Nathaniel -------- Nathaniel Borenstein <nsb@fv.com> (FAQ & PGP key: nsb+faq@nsb.fv.com) Chief Scientist, First Virtual Holdings VIRTUAL YELLOW RIBBON==> http://www.netresponse.com/zldf
participants (3)
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Ed Carp, KHIJOL SysAdmin -
Nathaniel Borenstein -
Perry E. Metzger