Friday, April 24, 2009

SOFTWARE TOOL TO CHECK ONLINE TRANSACTION SITES AUTHENTICITY

Chennai
The Hindu Business Line The Hindu The Times of India (Chennai)

Odyssey Technologies Ltd, the Chennai-based software company, has launched a new software toolbar that help users to visit ‘trusted’ Web sites for online transactions. Called ‘Snorkel Toolbar’, the new software tool will be available first to HDFC Bank, which in turn will give it its customers for doing online transactions with the bank. The company will also provide the tool to its other clients, including IOB and Karur Vysya Bank, according to B. Robert Raja, Chairman and Managing Director, Odyssey Technologies.

The toolbar lets the user create a list of Web sites he/she normally uses for transactions. For each of those sites, the toolbar acquires the digital certificate associated with the Web site and stores it securely. For instance, if a person visits the HDFC Bank, the toolbar will identify whether it is original or fake, and alerts the user accordingly, he told newspersons.

The software tool will be available for free to users to help Odyssey increase trust among users. The tool will be available in the company’s Web site in another ten days, he said

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