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RBS Records Highlight Data Security Needs

DALLAS -- Credant Technologies, the military grade encryption specialist, says the widely publicised sale of a computer on eBay apparently containing the details of a million RBS Group bank customers – could have been avoided if the bank and its contractors had adopted an effective customer data security and encryption strategy.

"If the bank and its contractors had a solid data encryption strategy in place, with private data such as that found on the eBay computer being encrypted - and only decrypted when needed, and on-the-fly -then, even if the computer slipped through the net because of the thoughtless actions of one or more individuals, then the data would clearly be inaccessible," said Michael Callahan, Credant's senior vice president and chief marketing officer.

Credant Technologies