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With the Protection of Personal Information Law coming into effect
from April 2005, Shinsei Trust & Banking Co., Ltd (“Shinsei
Trust”) has been developing a policy to heighten the awareness
of the confidential nature of customer data and tighten the security
of the transfer of such data.
Email and file encryption are the two most important areas where we
would like to tighten the security of data transfer. After a comprehensive
selection process, Shinsei Trust has decided to implement Pretty Good
Privacy (PGP) as the encryption technology solution. PGP has its roots
as open source software that has grown into a very powerful corporate
level solution. Cost, scalability, ease of use, and quality of the
protection algorithm are some of the advantages of PGP.
Shinsei Trust will deploy PGP in December 2004. It will be installed
on Shinsei Trust terminals that are involved with the task of handling
private information. The deployment of PGP as a data encryption solution
will not require the purchase or use of any special hardware.
We encourage your company to consider utilizing PGP as the
encryption software solution when transferring customer data with
Shinsei Trust.
Should you have any questions, please do not hesitate
to contact your relationship manager at Shinsei Trust or direct any
technical questions to Shinsei Trust's Technical Support.
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