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.

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.

Georgia pilots identity authentication to fight tax fraud

The state of Georgia has enlisted the help of LexisNexis to start a pilot program that utilizes identity verification and authentication tools to combatting tax fraud, reports Accounting Today.

School email exposes students' Social Security numbers

A high school in Tarpon Springs, Fla. recently sent out a mass email bearing student Social Security numbers. The school’s guidance counselor sent the email to Tarpon’s entire senior class of about 400 students and parents regarding the Bright Futures Scholarship program.

Identity theft up double digits in 2011

According to Javelin Strategy & Research, the amount of identity theft rose 13% from 2010 to 2011, reports Digital Trends. In terms of hard numbers, about ten million adults experienced identity theft in 2010, a figure that rose to 11.6 million in 2011.

Florida company creates OTP device

SurePassId, located in Melbourne, Fla., has created a credit card-sized device to generate one-time passwords in the hopes of reducing occurrences of identity theft and fraud, reports the Orlando Sentinel.

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IDsmart admits technology theft