IT security vendors brought their big guns to town this week to pitch encryption and identity management software to Australia’s largest banks. Both RSA Security CEO Art Coviello and PGP CEO Philip Dunkelberger were in Sydney promoting the critical need to protect company data and meeting with senior banking executives. Coviello was showing off RSA’s token-based identify management product while Dunkelberger was promoting the need for companies to “encrypt everything” including stored data. Dunkelberger said PGP was planning releases in the next 12 months with the ambitious goal of providing seamless and secure communications with products as simple to use as antivirus software. Coviello was also referring to antivirus software claiming authentication is the next hot security product to be widely purchased by companies as a result of the increasing use of business portals. “As more important content goes online and a company’s knowledge base is exposed, the need for strong user authentication goes up significantly,” he said. Full Story
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