- Email: [email protected]
Lotus working on military version of Notes
January
been determined, Although the new product from the relutively new compuny DSN started In 1995 - has had little exposure, one industry insider gave the offering rave reviews, “Net G-l is the single most significant development in network security in 50 years. m said Josephus Beard, former president of IBM World Trade, Asia. Net G-l will be uvuilable In the first quurter of 1996 for around USS5000 per unit. DSN also offers free testing and evaluation of the product,
SEC tackles Internet investment fraud Erln English In a stepped up effort to wipe out investment scandals, the US Securities and Exchange CornmIssion (SEC) has committed an increasing number of its staff to tackling fraud on the InternetThough he would not reveal specifics, district administrator of the SEC, Juan Marcelino, said that the group has assigned an increasingly larger number of its staff to cyberspace crimes. Additionally, the SEC is relying heavily on tip-offs from members of the public. The SEC has so far brought several cuses to court, including one against a man persuading netsurfers to invest in two non-existent Costa Rican coconut companies, The mun, who has been granted a preliminary injunction against violating any other security laws, was using business news groups on the Internet to attruct potential investors. Another scam the SEC uncovered involved an eel farm murketed on the Internet - it also did not exist. The SEC said it intends to become more and more
a
aggressive in going to the federal courts wlth such cases. According to Murcellno, the SEC focuses on representations that promise unrealistically high returns, or guaranteed returns on a particular investment; essentially red flag&The SEC surfs the Internet looking for
fulse promises.
“There’s an old adage that says if something sounds too good to be true, it usually is,” Marcelino said. “We’re finding on the Internet that’s a pretty good way of picking up on a lot of these frauds. People have not held back, they have been very aggressive in their solicitations.” The Internet has proved to be an ideal stomping ground for investment fruudsters, with the ability to potentially lure in and rip off hundreds of thousands of naive netsurfers. “It’s easy to draw in people.. . people ure influenced by things that sound so enticing, MMarcelino said.
Lotus working on
military version of Notes Erln English Lotus Development Carp is readying a new version of Notes featuring military encryption technology, which ii hopes will appeal to both governmental and commercial agencies. Called ‘Notes Defense Messaging System’ (Notes DMS), the product will have the same replication und E-mail features as the standard Notes, and In addition will include the US military’s Capstone encryption algorithm, the Digital Signature standard and the Messaging Security Protocol application programming interface developed by the National Security Agency, RSA Datu S&urily’s encryption
I996
technology will not be used at the request of the US Defence Department; the Department sees unbreakable commercial encryption technology such as RSA’s as a threat to US national security The military’s Capstone encryption technology which will be used features a key-escrow scheme that ullows governmental ugencles to decrypt user data. The algorithm is embedded on a Fortezza cryptocard {PCMCIA card) along with the user’s private-key certificate. While the technology is expected to reczeive approval from government agencies as well as businesses, it could be slow to receive acceptance in the
commercialmarketplace. However, analysts predict that if the US government drops its export restrictions on key-escrow encryption software, commercial entitles would be more likely to use the new Notes version. Analyst for research firm Creative Strategies Hans Von Braun said that Lotus’ move does not come as a surprise; the only problem will be getting companies interested in using the technology. The Notes version willinitiallyonly appeal to those in the governmental sector: however eventually it will be a ‘requirement’ for those doing business with governmental agencies, That, of course, will umount to a substuntiat market, he stressed. “The government would love for everybody to use the government’s scheme: then they can open them”, Van Braun said, “Commercial companies are going to 90 more with companies like RSA Data for security needs.” Lotus isremaining tight-lipped on rollout dates as well as pricing for the new Notes version.
019% Elsevier Science I .tci
been determined, Although the new product from the relutively new compuny DSN started In 1995 - has had little exposure, one industry insider gave the offering rave reviews, “Net G-l is the single most significant development in network security in 50 years. m said Josephus Beard, former president of IBM World Trade, Asia. Net G-l will be uvuilable In the first quurter of 1996 for around USS5000 per unit. DSN also offers free testing and evaluation of the product,
SEC tackles Internet investment fraud Erln English In a stepped up effort to wipe out investment scandals, the US Securities and Exchange CornmIssion (SEC) has committed an increasing number of its staff to tackling fraud on the InternetThough he would not reveal specifics, district administrator of the SEC, Juan Marcelino, said that the group has assigned an increasingly larger number of its staff to cyberspace crimes. Additionally, the SEC is relying heavily on tip-offs from members of the public. The SEC has so far brought several cuses to court, including one against a man persuading netsurfers to invest in two non-existent Costa Rican coconut companies, The mun, who has been granted a preliminary injunction against violating any other security laws, was using business news groups on the Internet to attruct potential investors. Another scam the SEC uncovered involved an eel farm murketed on the Internet - it also did not exist. The SEC said it intends to become more and more
a
aggressive in going to the federal courts wlth such cases. According to Murcellno, the SEC focuses on representations that promise unrealistically high returns, or guaranteed returns on a particular investment; essentially red flag&The SEC surfs the Internet looking for
fulse promises.
“There’s an old adage that says if something sounds too good to be true, it usually is,” Marcelino said. “We’re finding on the Internet that’s a pretty good way of picking up on a lot of these frauds. People have not held back, they have been very aggressive in their solicitations.” The Internet has proved to be an ideal stomping ground for investment fruudsters, with the ability to potentially lure in and rip off hundreds of thousands of naive netsurfers. “It’s easy to draw in people.. . people ure influenced by things that sound so enticing, MMarcelino said.
Lotus working on
military version of Notes Erln English Lotus Development Carp is readying a new version of Notes featuring military encryption technology, which ii hopes will appeal to both governmental and commercial agencies. Called ‘Notes Defense Messaging System’ (Notes DMS), the product will have the same replication und E-mail features as the standard Notes, and In addition will include the US military’s Capstone encryption algorithm, the Digital Signature standard and the Messaging Security Protocol application programming interface developed by the National Security Agency, RSA Datu S&urily’s encryption
I996
technology will not be used at the request of the US Defence Department; the Department sees unbreakable commercial encryption technology such as RSA’s as a threat to US national security The military’s Capstone encryption technology which will be used features a key-escrow scheme that ullows governmental ugencles to decrypt user data. The algorithm is embedded on a Fortezza cryptocard {PCMCIA card) along with the user’s private-key certificate. While the technology is expected to reczeive approval from government agencies as well as businesses, it could be slow to receive acceptance in the
commercialmarketplace. However, analysts predict that if the US government drops its export restrictions on key-escrow encryption software, commercial entitles would be more likely to use the new Notes version. Analyst for research firm Creative Strategies Hans Von Braun said that Lotus’ move does not come as a surprise; the only problem will be getting companies interested in using the technology. The Notes version willinitiallyonly appeal to those in the governmental sector: however eventually it will be a ‘requirement’ for those doing business with governmental agencies, That, of course, will umount to a substuntiat market, he stressed. “The government would love for everybody to use the government’s scheme: then they can open them”, Van Braun said, “Commercial companies are going to 90 more with companies like RSA Data for security needs.” Lotus isremaining tight-lipped on rollout dates as well as pricing for the new Notes version.
019% Elsevier Science I .tci