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Slide 1

Why is security
important?... online fraud is a fast growing, and evolving, problem for
business

Organisations involved in
online business don’t think fraud will go away anytime soon, and our industry
is no different

Online security is a
concern for the Club given the size of our interactive services channel and
diversity of devices

In only 5 years, turnover
contribution through our interactive channel has almost doubled

Growth in our e-channel
user base reflects our customer’s increasing comfort with technology, as well
as our site’s content and features

Correspondingly, our
share of cashless transactions has also grown dramatically

On-line security is all
about “CIA”…

Interactive services are
provided only to known persons, within strict betting rules

Our web security
architecture addresses the “CIA” through a multi-layer approach

Confidentiality

Slide 12

Slide 13

On-line security is all
about “CIA”, but it also relies on “CASH”!

Whatever approach is
ultimately adopted, we must be mindful that security needs to finely balance protection
with convenience

Slide 16

Development of the Legal On-Line Betting Offer

Mr. Sunny Lee

Executive Director, Information Technology

The Hong Kong Jockey Club

End of slide show, click to exit.

Slide 1

Why is security
important?... online fraud is a fast growing, and evolving, problem for
business

Organisations involved in
online business don’t think fraud will go away anytime soon, and our industry
is no different

Online security is a
concern for the Club given the size of our interactive services channel and
diversity of devices

In only 5 years, turnover
contribution through our interactive channel has almost doubled

Growth in our e-channel
user base reflects our customer’s increasing comfort with technology, as well
as our site’s content and features

Correspondingly, our
share of cashless transactions has also grown dramatically

On-line security is all
about “CIA”…

Confidentiality = protection
from unauthorized individuals, entities or processes

Integrity = accuracy and
completeness of information

Availability = performance and
accessibility

Interactive services are
provided only to known persons, within strict betting rules

HKJC SECURITY MEASURE

In-person registration

Account based

Hong Kong domiciled bank
account

EFFECT

Identity validation (passport
or ID)

Authorized users in Hong Kong

Authentication (two factor)

Transaction integrity

Funds transfer from nominated
HK bank account to betting account

No credit betting permitted

No funds transfer from other
agents

Our web security
architecture addresses the “CIA” through a multi-layer approach

Confidentiality

Slide 12

Slide 13

On-line security is all
about “CIA”, but it also relies on “CASH”!

“CIA” =

Confidentiality

Integrity

Availability

Whatever approach is
ultimately adopted, we must be mindful that security needs to finely balance protection
with convenience

Slide 16

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Second
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Fifth level

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International
Federation of Horseracing Authorities

Monday October 2, 2006

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