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HR 3606 (CARD Act 21-day rule fix) signed into law by president, as was the homebuyer tax credit extension
Scam warning: Kennedy Space Center FCU members being targeted via phony text messages by ID thieves in Florida. http://ow.ly/zWCE
Financial Stability Improvement Act markup, which began today, will continue after Vets. day, Hse. Fin. Svcs. Chair Barney Frank says.
In Mon NN: 24 SE Wisc. CUs will now have control of $71.5M in loans and lender-owned homes after Central States Mtge went into receivership.
Detroit Edison Credit Union and NuUnion Credit Union announce their intent to merge http://tinyurl.com/y8bslvg
Jack Henry, nCipher to provide storage encryption for CUs
MILPITAS, Calif. (5/16/08)--nCipher and Jack Henry and Associates Inc. have partnered so that Jack Henry's subsidiary, Symitar, can resell nCipher's CryptoStor product as a part of its solution offering.
Symitar supplies credit unions with software systems and has already deployed CryptoStor at a number of credit unions.
CryptoStor is a high-speed tape security appliance that compresses, encrypts and digitally signs data as it goes to tape media or virtual tape, without disrupting the backup processes. It intercepts backup communications between hosts and tape libraries, centrally managing and off-loading tape media security functions.
Security regulations and compliance mandates require organizations in financial services markets to encrypt sensitive information throughout the data lifecycle, including storage, back-up and recovery, nCipher said in a release.
nCipher provides security solutions for financial institutions, including credit unions.
Jack Henry is a provider of computer systems and ATM/debit card and automatic clearinghouse transactions.
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