One of the things I hate about media reports. The title of the article implies that ABN Amro had no intention of converting to encrypted e-transfers until the tape was lost, but if you read the article, it states that this change has been ongoing for over 6 months.
Quotes from the article: "The goal starting last spring was to eliminate all physical handling of tapes -- and any tape where we cannot eliminate the physical handling because the other party cannot receive [the electronic data] will go by special courier," Goldstein said. He cited FedEx Corp. as one company ABN Amro might use. "The tape in question was to be transferred fully electronically and encrypted this month. One of the really upsetting things about this is one more month, and this couldn't have happened," Goldstein said. Wayne Driscoll Product Developer Western Metal Supply NOTE: All opinions are strictly my own. NO I am do not work for ABN Amro or any of its subsidiaries. -----Original Message----- From: IBM Mainframe Discussion List [mailto:[EMAIL PROTECTED] On Behalf Of Ed Gould Sent: Wednesday, December 21, 2005 12:45 PM To: IBM-MAIN@BAMA.UA.EDU Subject: Another incident * ABN Amro Eyes Electronic Data Transfers After Tape Loss Incident http://cwflyris.computerworld.com/t/196540/248833/4471/0/ ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [EMAIL PROTECTED] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [EMAIL PROTECTED] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html
