When a user enters certain information in a Web form to conduct business, the website can consult with businesses that maintain information about individuals, such as credit bureaus, to make sure that the data provided is at least consistent. This type of service can protect against a large number of fraudulent uses of personal information where the cybercriminal has some information about the victim and tries to use it for financial gain. Higher levels of identity theft would not be affected if the criminal has a lot of information that is, in fact, consistent.
I think these types of services are very useful in detecting and preventing many of the forms of fraud we see today. We are observing that some of the data-owning businesses are getting into the Internet authentication market -- which adds a lot of value to all involved. I think the initial collaboration we are starting to see today among many companies, small and large, in this type of authentication will end up producing a much better business environment that we will feel comfortable to use for more transactions.
Recognized in the industry as the "inventor of SSL," Dr. Taher Elgamal led the SSL efforts at Netscape. He also wrote the SSL patent and promoted SSL as the Internet security standard within standard committees and the industry. Dr. Elgamal invented several industry and government standards in data security and digital signatures area, including the DSS government standard for digital signatures. He holds a Ph.D. and M.S. in Computer Science from Stanford University.