Can you trust your private data to the web?

Implications: So if even a MySpace has bugs that exposes private data of their users to anyone on the web, then what about all the other web sites where we enter our private data? How do we know that the banking web site or the credit card web site doesn't have the same kinds of "bugs"? Consumers are trusting more and more information to the "web" but is it really safe to do so?

Analysis: So if even a MySpace has bugs that exposes private data of their users to anyone on the web, then what about all the other web sites where we enter our private data? How do we know that the banking web site or the credit card web site doesn't have the same kinds of "bugs"? Consumers are trusting more and more information to the "web" but is it really safe to do so?

I am sure that MySpace (like a Yahoo and Google) use very senior engineers to create their websites, but how do you know your credit union did the same thing when they launched their website 10 years ago?

We all know that logging in to a website that is TOO secure is no fun. But if it is easy to login for the user then it probably is also easy to login for the hacker. So how do you provide an easy to use Internet identification system that is hard to crack for the bad guys. Yahoo just announced they are moving to the OpenId standard. Standardizing will help a lot: as soon as a lot of people are all using the same thing, then the bugs will become exposed and then they can be fixed.