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The WiKID Blog

The WiKID Blog, musings on two-factor authentication, information security and some other stuff.

stock-market-values-and-information-security

There has been some excellent research done on the impact of information security breaches on the market cap of affected firms (which directly impacts their cost of capital): "The economic cost of publicly announced information security breaches: empirical evidence from the stock market Katherine Campbell, Lawrence A. Gordon, Martin P. Loeb and Lei Zhou Accounting and Information Assurance, Robert H. Smith School of Business, University of Maryland, 2003" (http://brief.weburb.dk/archive/00000130/01/2003-costs-security-on-stockvalue-9972866.pdf)

This UMD study found that a firm suffering a breach of 'confidential information' saw a 5% drop in stock price while firms suffering a non-confidential breach saw no impact.

rc2-rpm-now-available

We're very pleased to announce that the WiKID Strong Authentication 3.0 RC2 RPMs are available for testing. If you are looking for a reasonably-priced two-factor authentication system that is simple to set up and maintain, extremely flexible and very secure, please download and start playing!.

strong-authentication-for-the-masses

WiKID got a nice review over at the Coffee Corner. I hope they do test the WiKID server on your home network. That is exactly the scenario we envisioned when we released the open source version. No reason why home users shouldn't be able to have strong authentication. I do want tot try to clarify some of the issues, if I understand them correctly:

quoted-in-bloomberg-and-some-wireless-ranting

I have a rather meaningless quote in a nice summation on Bloomberg about the RIM/NTP fracas.

reason-for-drop-in-cost-of-e-crime-now-clear

I have always been puzzled as to why the total cost of e-crime dropped in the most recent CSI/FBI crime survey. Now the reason is clear: online crime is no longer predominately the purvue of lonely teens seeking self-esteem, it is increasingly being propogated by organized crime gangs selling access to 'owned' machines. Since they only need 5,000-10,000 machines per sale, that is all they get. If they got more than that it increases the possibility of exposure, reducing the value of those machines.

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