GOVERNMENT FAILS SECURITY NEEDS OF UK E-ECONOMY Tuesday 12 June 2001 PDF Print London – June 12th, 2000: At the IQPC Electronic Signature Summit last week, delegates expressed their dissatisfaction in the UK Government’s current support of internet security. In a survey organised by De La Rue InterClear, 80 per cent of respondents stated that the Government is not doing enough to promote e-security in this country. Respondents did, however, offer constructive advice on how the Government could help UK business become more e-security savvy. 80 per cent of people believe that ‘education’ is the most important activity that Government should undertake, with 56 per cent citing ‘new legislation’ as key. "It’s important that the Government takes a lead on online security or the e-economy will remain stifled in the UK," stated Simon Lofthouse, head of marketing of De La Rue InterClear. "Without proper understanding and appropriate legislation the use of electronic signatures and digital certificates in protecting corporate e-commerce activities is destined for continued misuse, something which can not be ignored." Other key findings: * Two-thirds of respondents think there should be strict guidelines as to what should be legally binding on the Internet. * Only 4 per cent of respondents believe it is NOT the responsibility of the Government to promote e-security. * 56 per cent of respondents think electronic signatures will be common practice within the next four years and 30 per cent more optimistically believe it will be within two years. *The two biggest concerns about electronic signatures are the technical complexity (40 per cent) and interoperability issues (40 per cent). Other concerns included cost and legal ramifications. Delegates from top ranking blue chip and influential global businesses attended IQPC’s Electronic Signature Summit on the 31st May and 1st June, 2001. The event was chaired by Bob Carter, Chairman of De La Rue InterClear, and speakers included spokespeople from the CBI, DTI, PKI Forum, tscheme, the Global Trust Authority and the British Bankers’ Association. -END- De La Rue InterClear InterClear – A De La Rue Company – was established in 1997 as the UK’s first commercial digital Certification Authority (CA) to provide digital certificates authenticating individuals and companies using the Internet/Intranet/Extranet for transactions. De La Rue InterClear designs, builds and maintains outsourced trust networks that provide proof of identity and authentication to manage and reduce the legal, brand and technical risks of exploiting digital technologies. InterClear enables companies to benefit from a PKI free from the financial and managerial burden of an in-house PKI, which demands the company to issue and manage its own certificates, and without the loss of control of an ‘open’ PKI solution that is based on third-party branded certificates often supplied by national utilities relying on inflexible technology, rules and regulations. InterClear is a wholly owned subsidiary of De La Rue Plc (www.delarue.com) – the world's largest commercial security printer and papermaker, involved in the production of over 150 national currencies. Media Contacts: Debby Penton/Dawn Harnetty Banner PR tel: 020 7349 2200 email: email@example.com Simon Lofthouse InterClear 01784 470 860 firstname.lastname@example.org This press release was distributed by ResponseSource Press Release Wire on behalf of Banner Corporation plc in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.