[4880] in cryptography@c2.net mail archive
Password theft insurance...
daemon@ATHENA.MIT.EDU (Robert Hettinga)
Mon Jun 14 11:48:52 1999
In-Reply-To: <199906140600.CAA18560@marcella.ecarm.org>
Date: Mon, 14 Jun 1999 07:45:11 -0400
To: Digital Bearer Settlement List <dbs@philodox.com>, cryptography@c2.net,
dcsb@ai.mit.edu
From: Robert Hettinga <rah@shipwright.com>
At 2:00 AM -0400 on 6/14/99, ecarm-news@ecarm.org wrote:
> Title: Daitokyo Fire & Marine Insures EC Shopping Malls...
> Resource Type: News Article
> Date: June 11, 1999
> Source: AsiaBizTech
> Author: Nikkei Multimedia
> Keywords: E-COMMERCE ,INSURANCE ,FRAUD/THEFT ,BUSINESS PRACT
>
> Abstract/Summary:
> Daitokyo Fire and Marine Insurance Co., Ltd. will insure operators of
> electronic commerce shopping malls and Internet Service Providers
> against password theft.
>
> The insurance is in response to the growing incidence of online
> shoppers being billed by credit card companies for goods that they
> have no recollection of purchasing via the Internet, a problem that
> also is deterring growth of electronic commerce.
>
> Password theft insurance indemnifies the operator or ISP against
> damages incurred through password abuse. If a person registered with
> an insured shopping mall or ISP has his or her password stolen and
> misused, the insurance company compensates that individual for any
> losses suffered.
>
> Original URL:
>http://www.nikkeibp.asiabiztech.com/wcs/leaf?CID=onair/asabt/news/73522
>
> Added: Mon Jun 14 0:45:18 -040 1999
> Contributed by: Keeffee
-----------------
Robert A. Hettinga <mailto: rah@ibuc.com>
The Digital Bearer Underwriting Corporation <http://www.ibuc.com/>
44 Farquhar Street, Boston, MA 02131 USA
"... however it may deserve respect for its usefulness and antiquity,
[predicting the end of the world] has not been found agreeable to
experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'
