ZixIt Eliminates Security Risks at Anacom Communications.Business Editors & High Tech Writers DALLAS--(BUSINESS WIRE)--June 20, 2001 ZixIt Corporation (Nasdaq:ZIXI) today announced that it has eliminated potential security risks at its independent subsidiary Anacom Communications, Inc. (Anacom), an online credit card processing service provider. On Monday, June 18, 2001, ZixIt management was informed that the credit card databases at Anacom had been improperly accessed and that fraudulent The description of a willful act commenced with the Specific Intent to deceive or cheat, in order to cause some financial detriment to another and to engender personal financial gain. transactions were being processed. ZixIt management immediately took control of the Anacom communications network The transmission channels interconnecting all client and server stations as well as all supporting hardware and software. and terminated any access to the Anacom transaction processing system A Transaction Processing System (TPS) is a type of information system. TPSs collect, store, modify, and retrieve the transactions of an organization. A transaction is an event that generates or modifies data that is eventually stored in an information system. . Simultaneously, ZixIt management brought in the FBI to begin a criminal investigation. Also on Monday night, ZixIt management took control of the entire Anacom premises and began forensic data analysis. On Tuesday, June 19, 2001, ZixIt management began the process of notifying merchants of system processing problems at Anacom and advising them to transfer their electronic commerce transactions to other payment gateways for processing. On Wednesday, June 20, 2001, outside forensic data experts officially confirmed that both the intrusions and fraudulent transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. had occurred. ZixIt management then began the process of notifying all credit card companies of credit card accounts that may have been improperly accessed. ZixIt President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. David Cook The name David Cook may refer to:
In 1999, ZixIt Corporation acquired Anacom and retained prior Anacom management to run the company as a fully independent subsidiary. "It is important that all ZixIt customers around the world who are using ZixMail or ZixMail.net for secure Internet communications understand that the ZixMail systems and the ZixIt Data Center are entirely separate from those of Anacom. No ZixIt technologies or operations are involved whatsoever," said Mr. Cook. Mr. Cook also noted, "Anacom's revenues for the previous 12 months were approximately $400,000, and therefore, the impact to ZixIt's future revenues from this event will be minimal." ZixIt Corporation provides products and services that enhance security, privacy, and convenience for users of the Internet. The company's ZixMail(TM) product is a secure and private email application and service that enables Internet users Internet user n → internauta m/f Internet user Internet n → internaute m/f worldwide to easily send encrypted en·crypt tr.v. en·crypt·ed, en·crypt·ing, en·crypts 1. To put into code or cipher. 2. Computer Science and digitally signed Any message or key that has been encrypted with a digital signature. When a user's public key is digitally signed by a certification authority (CA), it is known as a digital certificate or digital ID. See digital signature and digital certificate. communications using their existing email systems and addresses. For more information, email sales@zixit.com, call 214-370-2000, or visit www.zixit.com. For ZixIt investor information, call (214) 515-7357 or email invest@zixit.com. |
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