Re: frame question

[boothm@xxxxxxx]

on 11/18/97at 10:27 PM, the Great and Grand  Wazir John Earl
<johnearl@lns400.com> said:


 There are clever folks who know how to

pitch a tent on someone else's  server and scan all traffic for the word

'password'.  When they see it, they grab the series of packets around

that word and store it for later use.   


No, the net is not a place to be trusting.

The equipment to do the same thing on telephone wires is just as
available, and with the equipment one can hear card numbers in the clear. 
Just camp out around a cell phone tower.

My only point right from the beginning has been to measure the real
exposure and not the emotional exposure.  For example, there are hundreds
of bank robberies every day in the US.  Banks know this, and they know how
to hire security people with body armour and machine guns, but they also
realize any single bank's losses in a year will be far less than the
salaries and benefits of those armed guards.  Not to mention frightening
the customers.  These losses are business losses and can be measured, just
as credit losses are measured and added into the annual interest rate on a
credit card.  

Just imagine your savings if your "store" was a web page, open 24/7/365,
no heat, no property taxes, no fires, floods, or snow storms, world-wide
reach, and almost no phone costs.  With those savings you can subsidize
credit card losses and still be way, way ahead.  

----------------------------------------------------
Booth Martin     
---------------------------------------------------



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