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Securing Financial Data

29 March, 2006

By: John Wehr

category: Financial, Health, RFID, Transit

0

“Eagle Global Logistics has installed technology to secure sensitive financial customer data in transit on the request of a large U.S. bank, a company executive said Monday.

The Web-based application from ARGO Tracker Corp., which designs asset tracking platforms, collects data wirelessly through 802.15.4 ZigBee wireless protocol to continually monitor and track the location and status of shipments with global positioning systems (GPS) and satellites.

Banks are going to “great lengths” to secure customer data, said Tim Hindes, director of ground expedited services at Eagle Global Logistics. “We’ve taken a 24-foot truck that can hold 12,000 pounds on a 1,000 mile journey with a ten pound carton,” he said. “This is a growing trend that healthcare providers and pharmaceutical companies are also investigating.”

The technology allows Eagle Global Logistics to securely transport everything from one tape backup of sensitive customer credit card data or two pallets of mortgage records.”


Tags: Banking, Health Care, Logistics, Payments, RFID and RTLS, Sensors, Transit

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