RegardingID Archive | IDsmart admits technology theft

Monday, April 14, 2008

e-Smart Technologies learned from court filings that IDsmart LLC directed its engineers to use e-Smart’s technology in developing IDsmart’s biometric smart card product.

The original complaint filed by e-Smart Technologies against IDsmart alleged theft and misappropriation of biometric smart card technology. IDsmart also confirmed that, because its engineers had been instructed to use e-Smart’s technology, IDsmart did not actually have a product design and was unable to “release” any product until approximately four months ago.

Mary Grace, President and CEO of e-Smart said, “IDsmart now admits not only that their engineers used e-Smart’s technology but also that they have known for more than a year that e-Smart’s technology was used in developing IDsmart’s claimed biometric smart card product.”

EarthSearch inks deal to curb oil theft, Nigeria

EarthSearch Communications has entered into a partnership agreement with Cynox, the Nigerian technology solutions provider, to monitor fuel levels in oil tankers.

In Nigeria, the cancellation of government oil subsidies has lead to increasing concerns over oil theft. EarthSearch’s integrated RFID and GPS product, together with level sensor technology will be used to monitor sudden drops in fuel level to detect the unauthorized siphoning of oil from the top of tanker.

Biometric POS systems fight employee theft

Retail operations are finding biometric point-of-sale systems that are used for both tracking employee actions as well as for time and attendance are a great tool in fighting inventory shrink and labor fraud, according to a Point of Sale News article.

Corinth Library gears up to improve efficiency

The Johnson County Library, Kan. will soon move forward on the installation of RFID equipment and adding tags to all of the books and audiovisual materials at the Corinth Library.

Montgomery libraries curbs theft with some help from RFID

The library district in Montgomery, Ala. has launched a new RFID system to deter theft of books and other library materials.

According to the Montgomery Advertiser, the district has had an ongoing issue with library books disappearing without a trace, which cost the system about $9,000 last year.

New survey shows over half of retailers rely on passwords for POS logins

Authentication and access provider DigitalPersona released the results of a survey that found more than half of retailers rely on passwords for point-of-sale system login in, even though they also have great concerns over passwords being shared and misused.

University of Maryland student information stored on publicly accessible computer

A state audit found that personal and financial information for students considering attending the University of Maryland were stored on publicly accessible servers that could make students easy prey to ID thieves.

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IDsmart admits technology theft