Replies to post #242639 on Wave Systems Corp. (fka WAVXQ)

[aleajactaest]

Is GM a customer? There was no renewal along the expected timeline, which ran out last year.

PWC built its own mousetrap.

Let's see if BASF renews. We are in that time zone. Maybe this is one of the European transaction Solms was talking about.

"[PWC] is a nice feather in the Wave bonnet. Perhaps they could start PR'ing news to the effect that GM, BASF etc are UNHACKED customers!!"

One out of three, perhaps. For a custom product Wave no longer offers.

[Bluefang]

Brant Point: You don't know those companies are "unhacked," do you? What you prolly meant to say was these companies have not reported being hacked.

Many companies hide the hacks--because some of them are caused by such reckless carelessness the mgt of those companies are embarrassed by the ease with which they were duped and their data swiped.

Besides, Wave's technology would not prevent most hacks--done by phishing, spoofing and other well-known social manipulation of employees.

There is this myth Wave protects against most hacks--when in fact, Wave's technology could not stop most of the attacks, if any. Read this excerpt from Fortune mag in March:

“Confidence is falling...” “with the majority of respondents expecting to be breached in the next 12 months, despite all of their efforts.”

71% of the respondents to the Fortune survey admitted they fell victim for a cyber attack in the previous year.

Given that state of affairs, does it make any sense, Wave can not sell, if indeed Wave did what many think (wrongly) that Wave's technology could protect all these companies? No, it wouldn't, according to the experts. Maybe that's why sales are MIA.

Blue