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RE: Security Lab To Certify Banking Applications

daemon@ATHENA.MIT.EDU (Salz, Rich)
Wed Jul 28 13:40:10 1999

From: "Salz, Rich" <SalzR@CertCo.com>
To: "'Rick Smith'" <rick_smith@securecomputing.com>
Cc: dcsb@ai.mit.edu, cryptography@c2.net
Date: Wed, 28 Jul 1999 10:58:37 -0400

>Regarding this Security Lab to Certify Banking Applications: I think it'll
>last until the seed capital runs out unless they establish a consortium of
?insurance companies and tie their evaluations to the availability of
>liability insurance.

They don't need to go outside their own organization.
They're banks.  Making money from risk management is what they do.
	/r$, channeling for Dan Geer :)


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