Datum to Provide Time Stamping Technology for Security & Standards Ltd. Product; Datum Trusted Time Secure Time Stamping To Be Integrated Into Web Receipting Solutions.Business/Technology Editors LONDON--(BUSINESS WIRE)--Sept. 25, 2001 Datum The singular form of data; for example, one datum. It is rarely used, and data, its plural form, is commonly used for both singular and plural. (Nasdaq: DATM DATM Dummy Air Training Missile DATM DISA ATM Network DATM Data Mode (Naval data analysis) DATM Drums Along the Mohawk (Rome, NY Drum Corp International Competition) DATM Derby Area Transport Model ) today announced that its Trusted Time(TM) secure time stamping time stamping The stamping of order tickets with the time of entry and execution. For example, options exchanges require stamping of order tickets with the times of execution to the nearest minute. technology would be utilized by Security and Standards Ltd. within that company's family of GrowlTech web security products. Introduced here today at the Information Security Solutions European Conference, GrowlTech consists of a range of cutting edge security applications allowing individuals and businesses to carry out secure and legally binding online transactions. A secure time stamp See timestamp. is a digitally encoded imprint that proves when a transaction took place or when a document was signed. Authenticity is guaranteed using the same encryption technology used to guarantee the authenticity of the digital signatures themselves. The actual time originates from an official source of Universal Coordinated Time (UTC (Coordinated Universal Time, Temps Universel Coordonné) The international time standard (formerly Greenwich Mean Time, or GMT). Zero hours UTC is midnight in Greenwich, England, which is located at 0 degrees longitude. ) over a secure communications link. Sources of UTC include the National Physical Laboratory in the United Kingdom and the National Institute of Standards and Technology National Institute of Standards and Technology, governmental agency within the U.S. Dept. of Commerce with the mission of "working with industry to develop and apply technology, measurements, and standards" in the national interest. (NIST (National Institute of Standards & Technology, Washington, DC, www.nist.gov) The standards-defining agency of the U.S. government, formerly the National Bureau of Standards. It is one of three agencies that fall under the Technology Administration (www.technology. ). Datum Trusted Time(TM) will be incorporated into two Security & Standards products: GrowlTech:Buyer and GrowlTech:Receipt & Record. GrowlTech:Buyer allows users to collect, with a single mouse click, all relevant evidence related to a web transaction. GrowlTech:Receipt & Record allows web site operators to record each parties' participation in a transaction. The products employ Datum's Trusted Time(TM) secure time stamps to show when evidence is collected and that it has not been altered afterwards. Information collected by GrowlTech:Buyer includes: -- A snapshot image of the user's current web page -- The HTML, scripts, GIFs and other data which forms the viewed web page -- The security data, including server authentication (1) Verifying the integrity of a transmitted message. See message integrity, e-mail authentication and MAC. (2) Verifying the identity of a user logging into a network. certificates, which can be used to prove access to the web site sourcing the viewed page GrowlTech:Receipt & Record allows specific pages of information to be marked for automatic inclusion in secure records that can be produced by users who are GrowlTech:Buyer enabled. Also, the user's input on any agreement to conditions provided to the buyer can also be collected providing a non-repuditiatable record for both parties to an agreement. "Security & Standard's GrowlTech products take confidence to the next level by using Datum's secure time stamping technology to record the details of a business transaction in a manner that can be legally substantiated, stated John Bernardi, president of Datum - Trusted Time Division. "An authenticated, secure time stamp is key to giving users confidence so that they can later prove transactions actually took place when intended. We are very pleased that they selected us to be their partner in this undertaking." "With the increasing dependence on the use of electronic records, we see Trusted Time(TM) stamps as supplying vital evidentiary ev·i·den·tia·ry adj. Law 1. Of evidence; evidential. 2. For the presentation or determination of evidence: an evidentiary hearing. Adj. 1. information for secure electronic commerce," commented John Ross, managing director of Security and Standards. "The Trusted Time(TM) system is a valuable tool which provides secure and auditable time stamps that can be traced back to a globally-recognized source of Universal Coordinated Time." About Datum Datum designs, manufactures and markets a wide variety of high-performance time and frequency products used to synchronize the flow of information in telecommunications networks. The Company is also a leading supplier of precise timing products for computing networks, satellite systems, electronic commerce, and test and measurement applications. About Datum - Trusted Time Division (TTD TTD - Telecommunications Device for the Deaf ) Datum TTD is a unit of Datum, Inc and provides secure time management solutions for the IT market. The rapid transformation from paper to completely digitally-based systems and the globalization globalization Process by which the experience of everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world. Factors that have contributed to globalization include increasingly sophisticated communications and transportation of business via the Internet, has created a need for companies to protect the time integrity of their financial transactions, messaging, and computer logs. Trusted Time adds time security, time authenticity, time accuracy and a time source audit trail to a time stamp. TymServe is an automated network time server that distributes time using the TCP/IP TCP/IP in full Transmission Control Protocol/Internet Protocol Standard Internet communications protocols that allow digital computers to communicate over long distances. Network Time Protocol. Both are time management solutions designed to support a broad range of e-business applications. Additional information is available at www.datum.com. About Security and Standards Security and Standards was founded by leading UK security technology experts with over 30 years of experience. From the earliest Public Key Infrastructure standards, Security and Standards continue to be at the forefront in the research and development of security protocols. The technology is to set the standards for Internet security ''This article or section is being rewritten at Internet security is the process of protecting data and privacy of devices connected to internet from information robbery, hacking, malware infection and unwanted software. providing an independent guarantee of online transactions. For further information please visit www.securityandstandards.com. |
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