FOR IMMEDIATE RELEASE TUESDAY, April 23, 2002

TradeHarbor is a Participating Company at the "Winning the War On Cyberterrorism" Briefing by Presidential Cybersecurity Advisor Howard Schmidt

 

St Louis, MO, April 23, 2002 – The frontline on the war on cyberterrorism moved to St. Louis today. That's when Presidential Cybersecurity Advisor Howard Schmidt came to town for a briefing on how to protect organizations, and our country, from cyberterrorist attacks.  TradeHarbor was a participating company at the "Winning the War On Cyberterrorism" Briefing sponsored by the Center for the Application of Information Technology (CAIT) at Washington University in St. Louis.

 

Mr. Schmidt (Vice Chair of the President's Critical Infrastructure Protection Board) stressed the need for strong authentication and the role of biometrics; "Authentication is a priority - user name and passwords for authentication is dangerous.  We need the strong authentication that biometrics can provide"; in discussing the balance between privacy and security he went on to say; "without security, there is no privacy"

 

Schmidt outlined the purpose and scope of the President's Critical Infrastructure Protection Board created by President Bush in October 2001 in his Executive Order 13231.  The purpose and scope of the board is to coordinate all Federal activities related to the protection of information systems and networks supporting critical infrastructures.  The board reports to both the Office of Homeland Security (OHS) and the National Security Council (NSC).  The board, its committees, and its staff are the single Executive Branch system for cybersecurity for both Homeland Security and National Security.  He noted that the FY03 Budget submitted by President Bush included a record $4b funding for IT security programs to protect Federal department's computer systems (a 64% increase over FY02).

 

Schmidt outlined the guiding principles of the Board:

• make market forces work to create security, rather than using a regulatory approach

• share information among and between companies, departments, and agencies, and state/local governments

• create public/private partnership solutions to IT security

• clean up the Federal Government's own IT security problems as a model, test bed, and indicator their of bona fides

• create public and corporate awareness of importance of IT security

Schmidt also announced that this summer the government will release a strategy for protecting the nation's network infrastructure. The strategy will address what role the U.S. government should play in improving the security of the nation's public and private networks, what legislative changes are required, and how the private sector and academia can help.

 

About Howard Schmidt 

 

Schmidt was recently appointed Vice Chair of the President's Critical Infrastructure Protection Board. The Board, which reports to National Security Advisor Condoleezza Rice and Director of Homeland Security Tom Ridge, is building a specialized group of senior government and private sector leaders to focus on cybersecurity issues and coordination of security related incidents. Previously, he was Chief Security Officer for Microsoft. Before that, he was a supervisory special agent and director of the Air Force Office of Special Investigations (AFOSI), Computer Forensic Lab and Computer Crime and Information Warfare Division.

 

About CAIT

 

CAIT (www.cait.wustl.edu) is a not-for-profit organization within Washington University in St. Louis that serves as the center for IT leaders in the St. Louis region. Our purpose is to help organizations make continuous advancements in productivity and enhance the region's competitiveness as a world-class IT community. We accomplish this by providing the forum for IT executive interaction and the highest quality training and professional development opportunities by leveraging the resources of Washington University, local IT leaders, and experts and vendors from throughout the country. 

 

About TradeHarbor 

 

TradeHarbor, Inc. (www.tradeharbor.com) has been established as the premier Voice Signature Service^SM company on the Internet or telephone networks. TradeHarbor’s Internet based service offering, The Voice Signature Service^SM system enables user authentication by providing Voice Signature capabilities as a direct replacement or adjunct for hand-written signatures.

 

This press release contains statements of a forward-looking nature relating to future events or future financial results. Investors are cautioned that such statements are only predictions and actual events or results may differ materially. In evaluating such statements, investors should specifically consider various factors, which could cause actual events or results to differ materially from those indicated from such forward-looking statements. The Company undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

 

CONTACTS:

 

For TradeHarbor, Inc. info@tradeharbor.com

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