On 6 Dec 2000, Dave Paris wrote:

> While I can appreciate the "why do we have to pay these mooks?!"
> attitude, the reasoning is rather more straightforward.
> 
> It seems those making the silly** (imho) arguments have forgotten the
> entire reason for a "trusted third party" (in this case, the CA).  User
> U heads over to site S and wishes to conduct a transaction, except U has
> never dealt with S, nor does U have the time to do background checks on
> S to significantly reduce the risk that S may actually be a fraudulent
> front end for a questionable organization.  Note that I'm not saying
> this completely mitigates the risk, as it certainly does not.  However
> it does go quite some ways to reducing the risk.

Oh balderdash, Dave. Try to locate an archive of sci.crypt discussions 
going back to about 1995. And I'm actually not a cynic - it was a good 
business idea, but that doesn't change the fact that the "security" it 
offers is pie in the sky.

Ta Ta for now,
James Moore

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