The Problem

PGuardian Technologies Inc.
The Privacy and Security Solution

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The Problem

As of January 2002 the Internet had more than 125 million unique domains, 36 million Web servers, approximately one billion Web pages and hundreds of millions of users around the globe. While its inherent openness has made the rapid and universal adoption of the Internet possible, it has also led to wide abuse: internet fraud, invasion of privacy, and identity theft.

The 2001 Computer Crime and Security Survey, published by the Computer Security Institute in collaboration with the FBI, revealed that 85% of companies and government agencies surveyed had detected computer security breaches within the last 12 months. From unannounced information gathering by Web sites, to invasion of corporate networks by hackers, the Internet has become the medium of choice for those who want to diminish the privacy, safety and security of others.

According to Jupiter Research, neither consumers nor businesses effectively address online privacy issues. Even legitimate businesses will suffer when consumers' perceptions of the control and safety of their personal information online are damaged. Companies should clearly and pervasively communicate their data gathering and use policies to make trade-offs between information and benefits increasingly clear to consumers. Jupiter Media Metrix estimates that these issues could potentially cost e-businesses $25 billion by 2006 -- up from $5.5 billion in 2001.

The right to privacy is something many individuals take for granted. But as computers increasingly play a bigger role in people's lives, privacy rights are changing and are being called into question. There are many situations, however, where individuals, corporations and governments have a vital interest in keeping certain online transactions private and secure. PGuardian Technologies has a solution for them.