Wave partner Comodo and Microsoft..........
Microsoft joins industry leaders in offering enhanced online identity assurance verification tools on its IE platform
The ability for consumers to verify the authenticity of online merchants is gaining momentum as industry leaders such as Comodo and Microsoft offer solutions to combat online fraud
New York, NY US - Comodo Inc., a global leader in Identity Assurance Management solutions announced today that the advanced features now included in the forthcoming Internet Explorer 7.0 product will allow users to make informed trust decisions whilst transacting online. Aimed at enabling identity assurance in online ecommerce, Microsoft’s IE 7.0 Beta is currently being scrutinized by development groups worldwide. Microsoft has specifically enhanced the functionality available to users during a secure SSL enabled session. The new ‘Security Status’ bar offers consumers a simple and effective line of sight trust indicator in the form of a new padlock symbol. Those organizations choosing to use a High Assurance certificate on their web site will see tremendous benefits as consumers begin to utilize the functionality of the new padlock to reveal details about the organization or entity with whom they are transacting. Comodo Inc. as the world's 2nd largest High Assurance Certification Authority after VeriSign, has been actively working within the industry to deliver the technology backbone for this pervasive issue, essential to the long term success of e-commerce.
“With the release of this new tool, it is becoming more and more important for online merchants to have the right set of certifications that signal to consumers that their site can be trusted for transactions and purchases, said Mr. Melih Abdulhayoghu, CEO and President of Comodo. “Many current practices, including low assurance SSL certificates, will simply not be suitable going forward to create trust online as online merchants recognize that to create trust online requires a combination of infrastructure and fraud prevention technologies to capture the largest share of online revenue.”
Microsoft has released a technical overview highlighting the reasons behind the enhancements:- “With the explosion of small- and home- based business Web sites selling goods that span the pricing spectrum, users are even more likely to encounter unknown entities asking for their financial information. These factors combine to create a situation ripe for malicious abuse. Internet Explorer 7 addresses this issue by providing users with clear and prominent visual cues to the safety and trustworthiness of a Web site. With the assistance of Internet Explorer 7 to help identify legitimate Web sites, users can more confidently browse and shop anywhere on the Internet.” (‘Technology Overview: Microsoft® Internet Explorer 7 Beta 1 for Windows® Vista™ and Windows XP SP2’ - Published 7/27/2005)
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Maybe they have adapted other facets than what was revealed in this PR from 2003
Comodo, Wave Systems Announce Parntership
March 6, 2003 -- (WEB HOST INDUSTRY REVIEW) -- Internet security company Comodo (ComodoGroup.com) announced on Wednesday that it has formed a partnership with secure hardware and software solutions provider Wave Systems Corp. to introduce the SignOnline eSign Transaction Management Suite.
According to Comodo, eSign Transaction Management (eTM) allows organizations to manage business processes and transactions online, without the need for ink signatures and paper storage, overnight mail or traditional delivery systems. Using the eTM Suite, says Comodo, organizations can create, sign, store access and manage the lifecycle of legally-binding electronic records.
Comodo will offer Wave's eTM Suite portfolio as part of its range of products and services. The company says it has released a number of standards-based products and solutions for privacy, security, trust and confidence, recognizing that trust and security are fundamental to successful online business.
"Partnering our outsourced PKI services and more specifically our ePKI certificate platform with WAVE builds a complete signing solution for enterprises worldwide," says Comodo Director Jim Whiffin. "The depth of this application in meeting the legal requirements of online commerce is fantastic. Coupled with our outsourced certificate platform, enterprises can today transform their business process and start realizing huge cost savings."
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