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Bad Credit Credit Creditres A House Panel was told that cyber security should be a priority for executive management to secure their systems against cyber threats such as identity theft and phishing scams.

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Bad Company Credit Repair Sept 22, 2004 (AXcess News) Washington - A House Panel was told that cyber security should be a priority for executive management to secure their systems against cyber threats such as identity theft and phishing scams, said Entrust, Inc. (NASDAQ: ENTU) Chairman Bill Conner in testimony before a subcommittee of the House Government Reform Committee today.

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Bad Card Credit Credit Conner outlined the real threat of identity theft and phishing and what Congress and industry can do to address this growing issue.

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Bad Car Credit Loan "Identity theft and phishing threaten not only to undermine trust in business and the Internet, but also to disrupt our national economy. Nine percent of U.S. online consumers have experienced identity theft and phishing attacks are now growing at over 50 percent per month," said Conner. "They are not isolated problems that can be tackled by themselves, but part of the broader cyber security challenge."

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Bad Credit Loan Mortgage In his testimony, Conner outlined four recommendations on how Congress can play a role in securing the online security of consumers and business.

Auto Bad Credit Loan 1. Require Federal agencies to purchase and deploy cyber security technologies.

Bad Credit Mortgage Refinance 2. Clarify that cyber security measures are an explicit part of Section 404 of the Sarbanes-Oxley legislation.

Bad Credit Refinance 3. Drive the implementation of the Homeland Security Presidential Directive HSPD-12.4. Lead by example via discouraging agencies from purchasing security products from companies with inadequate cyber security programs.AdvertisementConner's company, Entrust, provides security software programs to industry and government agencies. Shares of Entrust, Inc. (NASDAQ: ENTU) were down 9 cents at $2.70 at 3:50pm ET Wednesday.

Bad Credit Mortgage Second Direct competitors shares were all trading down with Microsoft Corp. (NASDAQ: MSFT) down 16 cents at $27.10; Netegrity, Inc. (NASDAQ: NETE), down 16 cents at $6.27; and, RSA Security (NASDAQ: RSAS), down 9 cents at $18.78.Software companies in general were all down with Computer Associates (NYSE: CA) down 29 cents at $25.39; Sunguard Data Systems (NYSE: SDS), down 45 cents at $23.00; DST Systems (NYSE: DST) down 54 cents at $44.87; PeopleSoft (NASDAQ: PSFT), down 4 cents at $19.32; Siebel Systems (NASDAQ: SEBL), down 30 cents at $7.74; and, Veritas Software (NASDAQ: VRTS), down 35 cents at $17.11. [All price quotes were recorded at 3:50pm ET.]AXcess News will be reporting on any new market trends related to this story. Members should watch their in-box for late breaking news. If you're not a member, consider joining now. Members get the latest business news, commentaries and stock picks delivered right to their in-box.

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