---- Extended Validation SSL Certificates: Are They Worth The Investment?
webdoctor - 2:59 pm on Mar 23, 2007 (gmt 0)
The whole idea behind this is that in order to get one of these, your identify is verified. You have to prove that you are who you say you are.
I think at some point, consumers will refuse to make monetary tranactions with a site if they do not get the green bar. Why on earth would you send money to somebody whose identity you cannot verify?
Verifying the identity of the individual/company behind a domain name doesn't mean the transaction is safe - at least not for the common usage of the word "safe".
If they'd been available back then, you can bet that Enron would have bought an extended validation certificate, and www.enron.com would have have been showing a pretty green bar right until the bitter end.