LED BY ALIPAY, THE 1ST SAFE PAYING ALLIANCE FOUNDED

AsiaInfo Services
06-21-2011
Led by Alipay, the 1st Safe Paying Alliance Founded

SHANGHAI, Jun 21, 2011 (SinoCast Daily Business Beat via COMTEX) -- Together with over a hundred companies, Alipay.com Co., Ltd. founded the first domestic safe paying alliance on June 21.

The first participants of the alliance include some huge banks, such as Industrial & Commercial Bank of China (ICBC, 601398.SH), Agricultural Bank of China (ABC, 601288.SH), such international leading anti-virus enterprises as Microsoft Corporation (NASDAQ: MSFT) and Symantec Corporation (NASDAQ: SYMC).

Supported by the People's Bank of China, Ministry of Industry and information Technology, the Ministry of Public Security, Anti-Phishing Alliance of China, etc, members of the alliance will achieve some cooperation in system security, client-side controlling and protecting, users' security educating, etc.

At present, the weekly captured phishing websites are 45,262 ones, so the traditional controlling and protecting system is not available. Members of the alliance will share the technology, data and information, aiming to form a transverse safe network. Users expect to be protected in the full process of online trade.

Source: www.enet.com.cn (June 21, 2011)

KEYWORD: SHANGHAI INDUSTRY KEYWORD: Internet & Online Services & Media SUBJECT CODE: Internet & Online Services
Online/Direct Banking
SinoCast China Business Daily news
safe paying
alliance
anti-phishing
anti-virus
security
controlling and protecting system

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