Web Services Security: Current status and the future

At the InfoWorld Next Gen Web Services conference in January 2002, 51% of the attendants considered security the single largest obstacle to general acceptance of Web Services. Are these fears warranted, or are these people just scared of something they don't fully understand? Is the security of Web Services so precarious? Can we overcome these problems so that businesses and the general public will trust these services? We'll take a look at these issues and give our evaluation of the situation.