The Key Recovery Alliance, a standards body dedicated to boosting electronic commerce by developing industrywide standards for encryption technology, has added 29 new member businesses.
IBM, a founding member of the alliance, announced today that America Online Inc., Compaq Computer Corp., First Data Corp., Gradient Technologies Inc., McAfee Associates Inc., Motorola Inc., Novell Inc. and Unisys Corp. were among the latest companies to join the group. The alliance now numbers 40 members.
The alliance is charged with finding ways to restore lost or stolen encrypted information without resorting to depositing escrow keys with a third party. Consumer fears that others could gain access to the keys is partly blamed for keeping commerce on the Internet at a minimum so far.
Original members of the alliance include Apple Computer Inc., Digital Equipment Corp., Hewlett-Packard Co., Sun Microsystems Inc. and United Parcel Service of America Inc.