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..What is
VirtualSAFE?
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VirtualSAFE is a patented security and privacy infrastructure framework that enhances electronic business processes and enables existing or new technologies to comply with privacy standards and legislation.
VirtualSAFE provides users control over their personal information in compliance with:
- USA HIPAA
- Gramm-Leach-Bliley Act
- Sarbanes-Oxley Act
- Canadian PIPEDA / Bill C-6
- European Union (EU), Japanese, and Australian privacy and data protection legislation
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..What does VirtualSAFE do?
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VirtualSAFE
provides a secure electronic processing environment that significantly relieves all parties involved in a transaction of the responsibility and liability for identity theft and fraud.
The technology allows the user to carry out secure online transactions without having to provide sensitive personal information such as address, telephone, or credit card number. As a result, the transaction recipient avoids the need to implement complex technological and procedural security solutions to protect the user’s sensitive information.
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| ..VirtualSAFE Functionalities |
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- Policy-managed strong authentication, driven by transactional risk management
- Managed legal consent-based privacy compliance
- Depersonalization and granulation of existing data
- Accountable transaction anonymity
- Management of multiple user identities
- Enhanced security independent layers
- Interoperability of technologies and applications enabling seamless integration with existing and new applications
- Ease of Use Module as one of five functionality modules
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| ..VirtualSAFE Benefits |
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- Enhanced business processes
- Enhanced business offerings
- Reduced complexity
- Reduced liability
- Reduced fraud (including identity theft and friendly fraud)
- Reduced security attacks (i.e. Phishing)
- Compliance with local government regulations and worldwide privacy legislation and initiatives
- Cost reduction
- Ease of use – User registers only once (initial registration) and then it’s Click ‘n Go for ANY transaction enabled by
VirtualSAFE
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VirtualSAFE is a US patented
(US 6,941,285) and worldwide (Canada,
Europe, Australia, Japan, Hong Kong)
patent-pending
technology
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