Schneier: tokens won't completely secure data

Monday, 14 March 2005, 12:05 PM EST

Technology isn't going to protect e-commerce customers -- stronger government regulation is what will get the attention of online banks and merchants, forcing them to stop being casual about security, said Bruce Schneier, founder and chief technology officer of Counterpane Internet Security.

Schneier's view counters a recent Federal Deposit and Insurance (FDIC) report concluding that a lack of security allows thieves to hijack customer accounts.

By Paul Roberts at InfoWorld.

[ Read more ]




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