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Avivah Litan Quotes
«This gives customers direct access to information already available to companies.»
«The absolute worst piece of information that can get out is your Social Security number.»
«In the past, everything was much more traceable. Now you can open 10,000 (bogus) accounts in the time it used to take to open one, all in a faceless Internet.»
«There will be more security holes. In the end, it increases the risks not decreases them.»
«Protecting customer data is much less expensive than dealing with a security breach in which records are exposed and potentially misused.»
«I don't like to be this positive, but I genuinely think E-Trade is doing something very good here. I think they've been targeted to a degree because they've made it easy for people to open brokerage accounts, but they're not conservative. They really are innovative in security.»
«Of course, the data brokers themselves should be regulated to ensure that their activities are for warranted and legitimate purposes and so that data is carefully and responsibly disseminated.»
«Biometrics is certainly the most secure form of authentication, ... It's the hardest to imitate and duplicate.»
«[Banks will pursue these funds and call in collection agencies but in the end the majority will write-off the debt without understanding the root cause of the fraudulent loss.] In many case banks don't even know about the problem so they don't have an incentive to fix the loss, ... Perhaps it's cynical to say this but banks would rather let people in and deal with fraudulent losses, which they pass on to retailers and customers anyway. There are many dedicated people in bank anti-fraud departments but institutionally they are not that motivated.»
«Biometrics is certainly the most secure form of authentication. It's the hardest to imitate and duplicate.»