By creating what is, in essence, a virtual smart card, the merchant can actually process the transaction as if it were supported by a physical credit card. Wrinkles on this include digital signatures, credit card encryption and discount payment services. The advantage over traditional IT security systems is support for one-time transactions. IT departments will, of course, play a critical role in implementing such transactional security and working with the company's business partners. You no longer have to sell protection but rather customer benefit.
Security goes from risk avoidance to business enablement.
This is no April Fools' joke. The 800-pound gorillas in your supply chain will be calling the shots. MARK HALL Global Careerspeak Globalization means more than doing business in your own language. Picking up French or Japanese might be a good way to give your career a boost and your company a competitive edge. The Cost of Suing Protecting intellectual property is vitally important, but can be vastly expensive, if it's not approached in the right way.