Source: PGP Corporation
PGP Corporation, a global leader in enterprise data security and encryption solutions, today announced that Texas State Bank has deployed the PGP Encryption Platform.
The bank is using PGP Universal Gateway Email to secure confidential information at the gateway and PGP Desktop Email on the clients when communicating with customers and business partners via email. The bank is also using PGP Command Line to encrypt data stored on servers or in transit over the Internet.
Faced with a number of government and industry regulations, including the U.S. Right to Financial Privacy, Gramm-Leach-Bliley, and Sarbanes-Oxley acts, Texas State Bank sought an encryption solution that would enable compliance and allow secure communications with customers and partners. After evaluating several solutions, the bank selected the PGP Encryption Platform. PGP encryption solutions are widely used within the financial services industry, giving Texas State Bank confidence in the robust platform. In addition, standards-based PGP solutions also simplified secure communications with customers and partners using a variety of platforms and applications.
With the first PGP application they deploy, organizations like Texas State Bank begin to realize the benefits of the PGP Encryption Platform. Additional PGP solutions leverage this common platform, providing lower operational costs and faster implementation compared to point solutions.
"PGP Universal Gateway Email was easy to install and integrate with our existing IT infrastructure," said Karen M. Gayhart, senior vice president for Network Operations at Texas State Bank. "With the PGP solution, we've been able to shift customer and partner communications from written correspondence and phone conversations to email, which is much more cost-effective."
In a parallel project, the bank's IT outsourcing department, The Data Center, needed to protect sensitive information such as payroll records and customer direct marketing data during FTP transfers between the bank, The Data Center, and other organizations. The Data Center chose PGP Command Line to encrypt the data flow between FTP servers and enssure the privacy of confidential data.