In its rush to embrace Web services, the computer industry is unknowingly inviting hackers to waltz through gaping structural holes. It's a ticking time bomb that needs to be defused.

The Web Services Interoperability Organization (WS-I) announced on Tuesday publication of its WS-I Basic Security Profile 1.0 , serving as a guide for enabling secure, interoperable Web services.

The company readies updates to its identity management server and Web services application development suite, part of a strategy to closely link both product lines.

A new company founded by a group of Massachusetts Institute of Technology graduates aims to be among the first vendors to tackle Web services security.

StreamTone CEO Ravi Razdan warns that in its rush to embrace Web services, the computer industry is unknowingly inviting hackers to waltz through gaping structural holes.

The company readies updates to its identity management server and Web services application development suite, part of a strategy to closely link both product lines.