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Some More of Danny Lanzetta's Clips Here you can see some of the clips I've written for Newsday's Business and Technology section. |
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Authentication Products Help Curb Online Fraud Danny Lanzetta. Newsday. (Combined editions).Long Island, N.Y.: Oct 1, 2001. pg. C.08 Copyright Newsday Inc., 2001) Innovation looks at one emerging company each Monday. Most are closely held and have devised a unique technology, a new level of service or an unusual way of doing business. Safewww Inc. (www.safewww.com) (Headquartered in Uniondale) The Big Idea: An Internet security authentication company offering ID authentication technology designed to protect online businesses and their customers from fraud and identity theft. Founded in 1999 by Israeli Internet security entrepreneurs, Safewww Inc. provides software protection products and services, as well as content encryption technology, for business and personal Internet transactions. The IDshield Authentication product protects against Internet identity theft and fraud. The software secures users' access by requiring knowledge of who the user is - identification - and requiring proof that the user is actually who they say they are - authentication. Additionally, the software offers a purchase verification module, which provides a purchase confirmation feature that verifies that the person using a credit or debit card for an online purchase is the rightful owner of the card. This functionality protects both merchants and consumers from experiencing Internet fraud or incurring bad debt. IDshield links a user's ID and password with a hardware signature from their laptop, PC, PDA (personal digital assistant) or any combination. This hardware signature frees users from the burden of needing to remember or carry an additional device. In addition, IDshield authenticates using a two-factor authentication procedure utilizing something you have (a computer) and something you know (user name and password). It creates a digital fingerprint of your computer so if someone steals a client's user name and password and tries to use it from a computer that's not the client's computer, the system will then notify the hacker that authentication has failed via an error message. The company has an extensive suite of management reports that a provider can run to give reports when a user keeps using the wrong password, user name or computer. Safewww has a broad international effort to market its software, with joint ventures in Spain, China and a distributor in Japan. The technology is not offered directly to consumers, but to providers, such as banks and other financial institutions, which offer the product to their customers, giving them a way to securely transact online. The company prices the product to businesses in two ways - by number of users or by number of transactions. In addition to their facilities in Uniondale, the company has a research and development facility in Israel. Top Guns: Kenneth Bob, pictured, is president and chief executive. He became involved with the company when he introduced one of Safewww's founders to New York investors who were interested in putting money into the company. Before joining Safewww, Bob, 49, served as senior vice president of worldwide business and industry for Descartes Systems Group. William Sussman is vice president of business development and Diana Kelly is vice president of security technology. Key Quotes: "The reports on Internet fraud are staggering," said Bob. "The newspapers are reporting incidents every day, ranging from credit card numbers ripped off of Web sites to the Brooklyn busboy who stole peoples' identities. Much of it could be avoided with authentication systems like the ones that we offer." The Next Step: Safewww has recently released IDshield 2.4, a new version of its innovative authentication technology. The new software provides a digital signature application in accordance with the passing of an e-signature law that allows legal documents to be signed online. This new product will allow companies to offer their customers a digital signature facility to sign contracts, such as loans and mortgages, online. [Illustration] Caption: Photo - Kenneth Bob Decking the Halls Halloween Sales Take on Heroic Tone |
Malls Full of Shoppers Mark Harrington, Tania Padgett and Danny Lanzetta. STAFF WRITER. Newsday. (Combined editions).Long Island, N.Y.: Nov 24, 2001. pg. A.04 Copyright Newsday Inc., 2001) Shoppers stepped out Friday, lured by bargains and hot toys at malls and discounters across Long Island. The swell of consumers that jammed parking lots and filled stores helped dispel some retailer fears about lower-than-expected sales for that day. Still, the sluggish economy and specter of Sept. 11 affected shopping, some retailers said. On Friday, Mayor Rudolph Giuliani made a pitch for shoppers to fill retailers' cash registers during the holiday weekend at Barneys in Manhattan. The mayor even bought himself an striped necktie. The crowd of shoppers at Roosevelt Field mall in Westbury helped push sales higher than usual at J.C. Penney's, which stepped up its giveaways and sales, said James Skopkowski, the store manager. "We were pleasantly surprised," Skopkowski said. "As of 11:30 a.m., our sales [were] up much more than expected." He had been worried about the store's business after the terrorist attacks pinched sales in September. But the better-than-expected turnout Friday gave him hope for the important holiday season. Eleanor Malone of Woodhaven went to Bloomingdales, Macy's and Eddie Bauer, all in Roosevelt Field, looking for gifts for her two grown children. "I had my list and I put a good dent in it today. ... I think I'm buying as much as I did last year." Special discounts for early shoppers led to overflow crowds at the Tanger Outlet mall in Riverhead. By 11 a.m., lines of cars had spilled beyond the mall's two main entrances, and two massive parking lots were completely full. Shoppers resorted to double parking near the loading docks behind the stores. Spaces that opened up in the mall lots often had three or four anxious drivers waiting to fill them. Lines formed outside stores. At the Tommy Hilfiger outlet at Tanger mall, Carryn Bowell stood waiting in a line of a dozen people just to get inside the designer clothing shop. A security guard drawing on a cigarette allowed in groups of shoppers like a bouncer at a New York club. "It's the first time I've ever seen this," said Bowell, a resident of Stratford-Upon- Avon, in Britain, who travels to the United States three times a year to shop. She stays at an aunt's house in Huntington. Prices in the United States, she said, are cheaper. "I don't have a budget." Among the early risers was Maria Villaplana, a resident of Paterson, N.J., who along with family and friends arrived at Tanger at 6 a.m. By mid-morning, Villaplana's group, which included two friends from El Salvador, were seen stuffing their car with "well over" in merchandise. Asked if economic issues impacted her plans, she said, "Uh-uh. We don't pay attention to that too much." Economic concerns definitely cut the spending plans of Anthony Flores, who waited on a bench at Tanger for his wife and daughter. "I'm very cautious about what we buy," said Flores, a New York City resident, who plans to cut holiday spending by around 40 percent. He also intends to reduce the number of people on his shopping list, he said, to "just family members." Amy Schwartz, a full-time salesperson at Guess in Roosevelt Field, said she actually got "scared" Friday morning because the flow of customers in the store was much less than last year. "Later in the day it began to pick up," said Schwartz, who has worked at Guess for five years. A new Newsday poll showed that one-quarter of Long Islanders and 28 percent of Queens residents expect to spend less on holiday gifts this year - the highest percentages since the poll started in 1997. Retailers are bracing for what could be the slowest holiday season in a decade, thanks to the slowing economy, layoffs and terrorist attacks. But if people were spending less, it was news to Jeri Knobloch, a sales associate at the Oneida silver- and cookware store at Tanger. "People are no more budget conscious than usual," she said, fielding questions from a swelling line of customers. "Traffic for this week has really picked up." The National Retail Federation predicts total holiday retail sales, excluding restaurant and auto sales, will rise 2.5 percent to 3 percent, to around billion. That would make it the worst retail performance since 1990, when sales were basically unchanged. Last holiday sales were up 3.9 percent from 1999. Discounters rank as consumers' first holiday shopping destination this year, followed by department stores, neighborhood stores and specialty stores, according to the Kurt Salmon Associates random survey of 1,000 consumers. Amy Goldsheid, store manager at Target in Westbury, also said that her store's sales were up more than usual. "We are always busy on the day after Thanksgiving," she said. "But we have been busier today because more people have become more cost conscious in this economy." Less well trafficked was the nearby PC Richard & Son electronics and appliance store in downtown Riverhead. Managers Rick Hayes and Chris Bellino said business had picked up dramatically since Sept. 11, was "extremely busy" on Tuesday, and that consumers have not been skittish about buying more expensive electronic toys. "We're selling a ton of high-definition TVs," said Hayes, noting the average set costs ,000 to ,000. Bellino said the store already had sold out of its allotment of Xbox video game sets from Microsoft. "As fast as it comes in it goes right out the door," he said. "We're not going to let them ruin Christmas," said Bellino of terrorists. Not every shopper was buying holiday gifts for loved ones. Some, tantalized by the huge sales, came out for themselves. "It's too much coming here," said Danialle Dumic, a 14-year-old high school student at Elmont Memorial High School at Green Acres Mall. "I came here to shop for myself and my grandmother." After an early-morning rush of holiday shoppers around parts of Long Island, there were signs it had waned by afternoon. At the Swezey's department store in Patchogue, for instance, only around half the parking lot was full by 2 p.m. "It seems a little slow this year," said Erica Martin of Medford, who had just begun her shopping rounds at Swezey's. She started her shopping day in a line at the Wal-Mart store in Middle Island, where she reported a pre-opening line of around 400 people, and said a slow economy won't dampen her holiday spending. TEN QUESTIONS: RICH CUTLER, Owner/manager,MIMS restaurants |
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