Oct 27, 2009
Story Timeline: 32 days
Computerworld - According to Winston Churchill, there is no worse mistake in leadership than to hold out false hopes. One area where false hopes have long abounded is information security, and it's happening again. This time the false hope we're extending is that we can deploy one simple piece of technology that will significantly reduce the problem of identity theft. Of course, identity theft is a huge and growing problem. Each year, the identifying information of millions of Americans is stolen from corporate databases. Companies face billions of dollars in theft, millions of dollars in fines and, perhaps most important, the loss of the trust of its customers. Worse, identity theft can cost its victims through lost savings, rejected loans and denied jobs. CIOs are faced with a security challenge that threatens the viability...
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