Universal Secure Registry

Kenneth Weiss, chairman and chief executive officer of Universal Secure Registry, is a widely acknowledged computer security and personal security/privacy expert. He was the founder and CEO of Security Dynamics Technologies Inc., now RSA, the Security Division of EMC. He invented the SecurID card/fob and designed the algorithm behind it, which has never been broken or compromised in 25 years. It is the world standard for personal identity authentication for computer security and electronic commerce. More than 100 million people, more than 90% of Fortune 500 companies, as well as corporations, consumers, governments, and banks in more than 30 countries rely on computer security and identity authentication systems such as SecurID invented, designed, and patented by Weiss. The U.S. Department of Defense, Treasury, Senate and the White House, all use SecurID technology.

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Latest Content From Universal Secure Registry

Whitepaper: Tunnel Vision and Mobile Payments

by Universal Secure RegistryApr 03, 2012

In this contributed article the author will first briefly set the stage with the evolution of the credit card industry bringing us up to speed with where it is today. Weiss contends that consumers and retailers alike are stuck in the past with tunnel vision when it comes to securing mobile payments. Next, Weiss will identify the reasons why many of the players in the market aren't as concerned as they should be including:

1) NFC - It's being touted with the false promise of a security solution and faster transactions.
2) Encryption - In most implementations, an encrypted account number can be exploited and replayed or decrypted.
3) Assumed losses - Credit card companies? business models assume loss and margins allow for it. They don't need proactively implement a solution.

Weiss proposes that the solution is implementing a technology that can reliably identify an individual at the POS, without compromising or exposing any exploitable information. Only the remotely located issuing bank needs to see and use the account number.