Anti-Money Laundering (AML) , ATM / POS Fraud , Card Not Present Fraud
Applying Encryption Widely in Banking
SecureAge's Jerald Ray on Sorting Out Complexities
Jerald Ray, COO at SecureAge Technology in Singapore, sorts through the complexities of ensuring encryption is applied through every step of banking transactions.
In an interview with Information Security Media Group, Ray explains how banks should apply different forms of encryption for data at rest and data in motion. (See: Encryption: Avoiding the Pitfalls That Can Lead to Breaches )
"If you look at everything from customer interface to backend of historical data, banks are having to acquire encryption in so many different forms," Ray says in an interview with Information Security Media Group.
In this interview (see audio link below image), Ray also discusses:
- Where banks missing the mark when it comes to encryption;
- How to keep a balance between encryption and visibility of data;
- The different areas where banks need to apply encryption.
Ray is the chief operations officer of SecureAge Technology in Singapore. He has an extensive technology and international business background from his more than 20 years of experience in process engineering, statistical analysis, consulting, and international relations in the U.S., Europe, and the Asia Pacific Region.
