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【TOP 42】Avivah Litan Quotes - WhatsApp Status | Page-1

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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. - Avivah Litan Quotes

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.

If there's someone who stole her password through surreptitious means, there's nothing [Hilton] could do. - Avivah Litan Quotes

If there's someone who stole her password through surreptitious means, there's nothing [Hilton] could do.

And remember who sponsors this survey. - Avivah Litan Quotes

And remember who sponsors this survey.

This is the absolute worst hack that has happened, the biggest scam to date. - Avivah Litan Quotes

This is the absolute worst hack that has happened, the biggest scam to date.

Consumers are being targeted directly, while their personal data is being attacked on corporate servers. It's a 360-degree threat. - Avivah Litan Quotes

Consumers are being targeted directly, while their personal data is being attacked on corporate servers. It's a 360-degree threat.

It's not unusual for a university to get attacked. It's a combination of open access policies and low security budgets. - Avivah Litan Quotes

It's not unusual for a university to get attacked. It's a combination of open access policies and low security budgets.

Anthrax woke everyone up to say, 'Maybe we should do this stuff online,' - Avivah Litan Quotes

Anthrax woke everyone up to say, 'Maybe we should do this stuff online,'

It's much more convenient than anything else available to consumers, - Avivah Litan Quotes

It's much more convenient than anything else available to consumers,

The criminals always go after the path of least resistance and the accounts with the weakest controls. - Avivah Litan Quotes

The criminals always go after the path of least resistance and the accounts with the weakest controls.

The absolute worst piece of information that can get out is your Social Security number. - Avivah Litan Quotes

The absolute worst piece of information that can get out is your Social Security number.

It has very far-reaching implications. - Avivah Litan Quotes

It has very far-reaching implications.

[Lewis] doesn't have control over how Bank of America's money is spent by the associations. He sounds very annoyed. - Avivah Litan Quotes

[Lewis] doesn't have control over how Bank of America's money is spent by the associations. He sounds very annoyed.

These concerns won't stop online commerce. It will just slow it. - Avivah Litan Quotes

These concerns won't stop online commerce. It will just slow it.

Right now banks don't have that much security around checking accounts. Generally speaking, their losses are pretty tolerable. - Avivah Litan Quotes

Right now banks don't have that much security around checking accounts. Generally speaking, their losses are pretty tolerable.

[Indeed, consumer financial fraud has been around as long as checking accounts and credit cards, and banks already do plenty to stop fraud. But e-commerce has opened virgin criminal frontiers.] 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. - Avivah Litan Quotes

[Indeed, consumer financial fraud has been around as long as checking accounts and credit cards, and banks already do plenty to stop fraud. But e-commerce has opened virgin criminal frontiers.] 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.

Banks

Consumers don't trust most of it, - Avivah Litan Quotes

Consumers don't trust most of it,

The whole system is pretty rotten from start to finish and they really need to tighten up. There's very loose access control over who can get credit reports. - Avivah Litan Quotes

The whole system is pretty rotten from start to finish and they really need to tighten up. There's very loose access control over who can get credit reports.

It's going to put an enormous dent in online marketing, - Avivah Litan Quotes

It's going to put an enormous dent in online marketing,

They are an agile company, and they have made a decision that they are not going to provide top-notch service to anyone who is not a business-class customer. - Avivah Litan Quotes

They are an agile company, and they have made a decision that they are not going to provide top-notch service to anyone who is not a business-class customer.

Banks are relying on the online channel for the lower communication cost. But as consumers start to think that they can't trust email anymore, companies will lose that channel. - Avivah Litan Quotes

Banks are relying on the online channel for the lower communication cost. But as consumers start to think that they can't trust email anymore, companies will lose that channel.

Banks Consumers

It's like a schizophrenic story. It's their No. 1 concern, but it's the bigger companies who can do something about it. Sometimes the cost of implementing these systems is higher than [credit card] fraud service and, depending on the price guarantee, small merchants might not want to buy it. - Avivah Litan Quotes

It's like a schizophrenic story. It's their No. 1 concern, but it's the bigger companies who can do something about it. Sometimes the cost of implementing these systems is higher than [credit card] fraud service and, depending on the price guarantee, small merchants might not want to buy it.

You need a bank-owned consortium to pull [the development of such a standard] off, - Avivah Litan Quotes

You need a bank-owned consortium to pull [the development of such a standard] off,

The free credit report thing is basically a farce. It only tells you very specific information about your situation at a point in time. - Avivah Litan Quotes

The free credit report thing is basically a farce. It only tells you very specific information about your situation at a point in time.

The only reason they don't check these things is because they forgot about it. Really, I'm furious. - Avivah Litan Quotes

The only reason they don't check these things is because they forgot about it. Really, I'm furious.

It's not negligence. It's just kind of being asleep at the wheel when business is running smoothly, and then you get hit. - Avivah Litan Quotes

It's not negligence. It's just kind of being asleep at the wheel when business is running smoothly, and then you get hit.

I would say it's probably the cause of 70 percent of (cash machine card) fraud. - Avivah Litan Quotes

I would say it's probably the cause of 70 percent of (cash machine card) fraud.

If consumers aren't using it, no [companies are] going to call them. - Avivah Litan Quotes

If consumers aren't using it, no [companies are] going to call them.

This gives customers direct access to information already available to companies. - Avivah Litan Quotes

This gives customers direct access to information already available to companies.

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. - Avivah Litan Quotes

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. - Avivah Litan Quotes

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. - Avivah Litan Quotes

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. - Avivah Litan Quotes

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.

Biometrics is certainly the most secure form of authentication, ... It's the hardest to imitate and duplicate. - Avivah Litan Quotes

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. - Avivah Litan Quotes

[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.

Banks Fraud Losses

Biometrics is certainly the most secure form of authentication. It's the hardest to imitate and duplicate. - Avivah Litan Quotes

Biometrics is certainly the most secure form of authentication. It's the hardest to imitate and duplicate.

The government initiative gives a clear and loud wake-up call to a procrastinating U.S. banking industry that has not moved beyond relying on single-factor reusable password authentication. - Avivah Litan Quotes

The government initiative gives a clear and loud wake-up call to a procrastinating U.S. banking industry that has not moved beyond relying on single-factor reusable password authentication.

But rather that just focus on the data brokers, the federal regulators also need to probe the security practices of the phone carriers themselves. The root of the problem is at the source -- with the phone carriers. - Avivah Litan Quotes

But rather that just focus on the data brokers, the federal regulators also need to probe the security practices of the phone carriers themselves. The root of the problem is at the source -- with the phone carriers.

You can skin a statistics cat in multiple ways. - Avivah Litan Quotes

You can skin a statistics cat in multiple ways.

(It's possible) that a manager of a store has no clue they are doing it. The information can be buried in old software. - Avivah Litan Quotes

(It's possible) that a manager of a store has no clue they are doing it. The information can be buried in old software.

For the criminal, this is the pot of gold. - Avivah Litan Quotes

For the criminal, this is the pot of gold.

Sometimes they're owned by criminal organizations. - Avivah Litan Quotes

Sometimes they're owned by criminal organizations.

Definitely, using the Internet to spy on average citizens is our next big social problem. - Avivah Litan Quotes

Definitely, using the Internet to spy on average citizens is our next big social problem.

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