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Re: Dumb Question
At 04:18 PM 5/24/96 -0400, Kevin Hoyle-297 wrote:
>The sales rep's will be on AOL. (AOL claims that they do automatic MIME
>encryption/decryption) Thanks.
> Kevin
I found the following on the RSA home page re. AOL. It looks like they will
be using SET and Verisign Digital ID/Certicates. Is this what you are
talking about Kevin?
----------------------------------------------------------------------
AMERICA ONLINE, INC. ANNOUNCES ALLIANCES WITH
LEADING SECURE TECHNOLOGY COMPANIES
AOL to License Security and Electronic Commerce Technology from
CyberCash, IBM InfoMarket, RSA Data Security, Terisa Systems and VeriSign
VIENNA, Va., May 15 -- America Online, Inc. (AOL) (Nasdaq-NNM: AMER) today
announced its intent to license key technologies for AOL's
next-generation security and electronic commerce strategy. The relationships
are with CyberCash, IBM infoMarket, RSA Data Security, Terisa Systems, and
VeriSign.
"These new relationships will provide the building blocks for a secure
electronic commerce platform," said David Gang, Vice President of Product
Marketing,
America Online, Inc. "The goal of our efforts is to create a practical,
secure and scaleable electronic marketplace, and bring it to AOL's and GNN's
rapidly growing
member base."
Through AOL's use of these secure technologies, the participants plan to
pool their collective expertise and explore opportunities to promote
electronic commerce
through tools that protect intellectual property rights. A secure commerce
platform, for example, could provide users the ability to download
fee-based, premium
digital content, including research reports, music, games, and special event
programming, from anywhere on the Internet.
America Online plans to integrate secure technologies into both the AOL
service and AOL's Internet access service, Global Network Navigator (GNN). For
example, AOL's next-generation Internet browser, currently in beta and
scheduled for release this June for the Windows platform, incorporates full
encryption
capabilities, enabling AOL members to transmit information securely across
the Internet. Additionally, AOL will incorporate RSA encryption into data
transmitted
within the AOL environment by year's end, giving members further confidence
and security.
"Each of these companies is an industry leader in their respective fields
and we are excited about sharing ideas with them and jointly exploring
opportunities for
electronic-based transactions," said Gang. "The participants recognize the
significance of the many issues surrounding interactive services-based
electronic
transactions, including: privacy, digital identification, online payment and
copyright protection."
CyberCash, a secure Internet payment service provider, is expected to be
integrated into AOL's Global Network Navigator (GNN), Internet access service as
early as fall of this year. CyberCash provides a "wallet" which allows users
to "point and click" to select a credit card for payment. "AOL is a major
provider of
Internet access for consumers.
This move will increase the ease-of-use consumers will have in shopping over
the Internet and be a very positive force in the growth of electronic
commerce," said
Magdalena Yesil, Co-founder and Vice President, Marketing and Technology
Industries, CyberCash.
IBM infoMarket uses secure cryptographic envelopes, or Cryptolope
containers, to enable publishers to sell their content on the Internet and
provide them with a
mechanism for receiving payment from the users who purchase that content.
"Secure payment methods are the key to creating a successful market for online
archives and other copyrighted materials. We welcome AOL's move in this
area," said Jeff Crigler, Vice President of IBM's infoMarket.
RSA, a recognized world leader in cryptography, has millions of copies of
RSA encryption software and authentication tools in use worldwide. RSA's
technology
will allow the AOL community to make purchases and be assured that personal
financial information is secure. Many of the technologies in the security and
electronic commerce areas can trace their roots to the Public Key
Cryptography Standard that is at the center of the RSA technology. In fact,
CyberCash, Terisa,
and VeriSign all use RSA's BSAFE(TM) toolkit as the encryption engine of
their product offerings. "We are pleased with the opportunity to begin
exploring ways to
bring RSA's world standard of privacy to the AOL and GNN communities," said
Jim Bidzos, president of RSA.
As an original investor in Terisa Systems, AOL intends to use Terisa's
implementation of Secure Electronic Transport (SET), the standard for
Internet credit card
payment as defined by Visa and Mastercard. Terisa recently gave the first
public demonstration of SET at Internet World in San Jose. "We're pleased to
see AOL
with a broad spectrum of alliances that will build momentum for consumer
acceptance for electronic commerce," said John Gould, CEO of Terisa.
Additionally, VeriSign and AOL will work together to provide solutions for
digital authentication services. "We believe that AOL is leading the way in
providing a
comprehensive set of security technologies to make Internet commerce a
reality," said Stratton Sclavos, President and CEO of VeriSign. "Armed with
our Digital
IDs, AOL and GNN members will be able to perform secure electronic commerce
transactions and access premium content and services."
America Online, Inc., (Nasdaq Symbol: AMER), based in Vienna, Va., is the
largest and fastest-growing provider of online services in the world, with
more than
5.5 million members. Through its services, AOL offers its subscribers a wide
variety of services including electronic mail, conferencing, software, computing
support, interactive magazines and newspapers, and online classes, as well
as easy and affordable access to services on the Internet. AOL has
established strategic
alliances with dozens of companies, including Capital Cities/ABC, Viacom,
Bertelsmann, IBM, Compaq, and American Express. Founded in 1985, AOL today has
a global work force consisting of nearly 5,000 people. Personal computer
owners can obtain America Online software at major retailers and bookstores
or by
calling 800-827-6364.
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