Saturday, June 21, 2008

Application of 3rd Party Certification Programme

In computer programming, third party software component is a reusable software component developed to be either freely distributed or sold by an entity other than the original vendor of the development platform. The third party software component market thrives because component oriented development improves the efficiency and quality of developing custom applications.

Nowadays, the world expects to gain access to voice and data services any time, anywhere, and on any device, and organizations are working hard to meet the rising demands of this “Any Era.” VeriSign infrastructure helps organizations to deliver in the Any Era, and realize the maximum profit. It is towards that goal that we focus our company, our technology, our services, and our people.
VeriSign Secure Site is use to ensure data confidentiality and integrity, all information transmitted over the Internet is encrypted using the 128-bit Secure Sockets Layer (SSL) protocol from Verisign Certificate Authority. SSL is a secure way of transferring information between two computers on the Internet using encryption. Strong end to end encryption is also adopted within the bank’s computer networks and resources.
The applicable SysTrust or WebTrust Seal of assurance symbolizes that this site has been examined by an independent accountant. Further, the Seal represents the practitioner’s report on management’s assertion that the entity’s business being relied upon is in conformity with the applicable Trust Services Principle and Criteria.
The Trust Services Principles and Criteria is an international set of principles and criteria for systems and electronic commerce developed and managed jointly by the American Institute of Certified Public Accountants and the Canadian Institute of Chartered Accountants. By demonstrating compliance with Trust Services criteria through an examination by an independent practitioner, entities earn the right to display the seal of assurance.
The Seal of assurance combines high standards for identified activities with the requirement for an independent verification/audit. Together they build trust and confidence among consumers and businesses conducting business over the Internet.
The entity has earned the right to display the Seal of assurance with respect to the Trust Service Principle(s) of On-line Privacy and security. Maybank2u.com is WebTrust certified. This certifies our compliance with leading international security standards and Best Practices, as well as our commitment to maintaining a secure environment. WebTrust is an independent corporation that monitors and tests our facilities to assure that we maintain the highest and most current standards in Internet information security and exchange.
VeriSign is the leading Secure Sockets Layer (SSL) Certificate Authority enabling secure e-commerce, communications, and interactions for Web sites, intranets, and extranets. Choose the most trusted mark on the Internet and enable the strongest SSL encryption available to every site visitor.


This is the sample of third party certification letter.
http://www.bis.doc.gov/snap/3rdpartycertificationletter.htm

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