MyBizHomepage.com then encrypts the data from QuickBooks and sucks it into the dashboard, which stays on as long as the Web browser is loaded, and delivers clear, concise status reports on key accounts such as cash, receivables and cost of goods sold.

FORBES: Magazine Article

Basically it's a USB security key that supposedly encrypts data stored to the thumb drive using AES, provides remote encrypted storage, creates a secure connection to the internet, and deletes your browser's cookies and history files.

ENGADGET: Mighty Key, the new secure USB snake oil?

In a press release on the Playstation Network blog, spokesperson Patrick Seybold added a lengthy explanation of how the company plans to respond to the hack, including adding new layers of security, changing how it encrypts customer data, and appointing a chief information security officer.

FORBES: Sony Apologizes For Playstation Breach, Appeases Users With Freebies