Steven M. Bellovin wrote:
 > The bigger issue, though, is more subtle: keeping track of the keys is
non-trivial. These need to be backed up, too, and kept separate from (but synchronized with) the tapes. Worse yet, they need to be kept secure. That may mean storing the keys with a different escrow company. A loss of either piece,the tape or the key, renders the backup useless.

Basically, expensive or not, security is very hard to get right. When you look at Choicepoint, Bank of America, and Citigroup (not to mention universities and smaller businesses) they have little to no incentive to keep your personal data secure. YOU bear the cost of data compromise, not them. The worst they get is some bad publicity and only if it affects CA residents, otherwise it can be kept quiet. The threat of bad publicity does not mean much when next week your compromise due to bad security will be forgotten as the media switches to the next one.

As it stands today, the cost/benefit analysis easily directs them away from taking strong measures to protect customer's financial data. Doing so is time consuming, opens up potential for problems, and gets them next to nothing in return.

--

Mark Allen Earnest

Lead Systems Programmer
Emerging Technologies
The Pennsylvania State University

Lt Commander
Centre County Sheriff's Office Search and Rescue

KB3LYB

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