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IP: eTRUST Press Release
From: Dave Farber <farber () central cis upenn edu>
Date: Wed, 16 Oct 1996 14:52:44 -0400
Contact: Lori Fena Electronic Frontier Foundation 415-436-9333 Asim Abdullah CommerceNet 415-858-1930 Aaron Feigin Fleishman-Hillard, Inc. 415-356-1033 FOR IMMEDIATE RELEASE COMMERCENET AND ELECTRONIC FRONTIER FOUNDATION (EFF) PARTNER TO IMPLEMENT=20 ETRUST Permanent Global Infrastructure Designed to Address and Increase Consumer Trust in Electronic Transactions Palo Alto, CA, October 16, 1996 -- The Electronic Frontier Foundation (EFF) and CommerceNet are partnering to implement eTRUST, a global initiative for establishing consumer trust and confidence in electronic transactions. Tapping the combined strength of industry and public interests, eTRUST is designed to address the issues of consumer trust in the Internet marketplace.=20 eTRUST will build an integrated logo system which consumers will associate with trust and confidence in electronic transactions. Though eTRUST will address privacy and security concerns initially, the eTRUST brand will grow to encompass a variety of other consumer interests. A major component of eTRUST will be an awareness and education program for consumers and businesses.=20 The Commercial Guidelines and Auditing Standards committee of eTRUST which is made up of leading companies immersed in the privacy issue - including Coopers & Lybrand, Firefly Network, KPMG and Test Drive - have developed guidelines for an accreditation program. According to the program, companies that conduct business online will be able to gain consumer trust and confidence through an accreditation process which involves self-assessment, third-party auditing, and online community monitoring of information privacy practices. Companies that meet the privacy and security guidelines and become accredited will be able to license and display eTRUST logos on their Web pages.=20 An open process for establishing and further developing guidelines will be administered by a steering committee of businesses, auditing firms, and electronic public interest organizations. Pricing structures will be developed during the pilot phase to be carried out during fourth quarter of 1996. A commercial offering will be launched in first quarter of 1997.= =20 eTRUST will market and provide this accreditation and licensing service to companies worldwide that do business with electronic transactions, especially on the Internet.=20 "CommerceNet is an ideal partner to implement this program. Their overall mission is closely aligned with the vision of eTRUST, they already have a strong group of member companies focused in e-commerce, and they are in the process of developing a worldwide infrastructure to deliver programs like eTRUST," said Lori Fena, Executive Director of EFF.=20 "The Electronic Frontier Foundation has been very influential in promoting the positive growth of the Internet and in protecting the privacy and other rights of both users and providers of online services. We are pleased to work with such a respected organization as the EFF on an initiative like eTRUST in building consumer confidence and thus accelerate the growth of electronic commerce. This will better allow us to serve our members by quickly expanding the market for their products and services," said Asim Abdullah, Executive Director of CommerceNet.=20 "The eTRUST project is critical to building public trust in online transactions," said Marty Tenenbaum, Chairman of CommerceNet. "It assures individuals will receive full disclosure on how and where information will be used and gives them the opportunity to opt out of a transaction."=20 "Building an infrastructure of trust within the Internet marketplace is absolutely critical to the task of moving from early adopter to mass-scale markets," said Charles Jennings, CEO of Portland Software. "Essentially, we=D5re supporting eTRUST because we think it can help drive our business in that direction."=20 "Coopers & Lybrand is exceedingly pleased to be involved in setting the standards and direction for the eTRUST initiative, thereby supporting the Internet in its ability to conduct electronic commerce," said Russell J.=20 Sapienza, Jr., Partner of Coopers & Lybrand=D5s Computer Assurance Services.= =20 Designed to provide online merchants with a clear set of guidelines for privacy and security practices, the ultimate beneficiaries of the eTRUST program will be online consumers, who will be able to make informed choices regarding electronic purchasing, Web browsing, online registration, data exchange, and many other types of online transactions. Key principles of the eTRUST project include:=20 * Informed Consent is Necessary -- Consumers have the right to be informed about the privacy and security consequences of an online transaction BEFORE entering into one.=20 * There Is No Privacy Without Appropriate Security -- Privacy and security are inexorably linked in an online transaction. There is no privacy protection without reliable security measures.=20 * Privacy Standards Vary According to Context of Use -- No single privacy standard covers all situations or all participants.=20 More information about the eTRUST program can be found at its Website address: http://www.etrust.org CommerceNet CommerceNet is a non-profit industry association and recognized leader working to transform the Internet into a global electronic marketplace.=20 Launched in April 1994, the Silicon Valley-based organization has over 175 members worldwide, including leading banks, telecommunications companies, Internet service providers, online services, software service providers and end-users. More information about CommerceNet can be found at http://www.commerce.net/ Electronic Frontier Foundation The Electronic Frontier Foundation is a non-profit civil liberties organization working in the public interest to promote, privacy, free expression, and social responsibility in new media. More information about EFF can be found at http://www.eff.org/
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