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June 25, 1997updated 05 Sep 2016 12:13pm


By CBR Staff Writer

Following the White House’s grim prediction that the US lacks the tools to fight a possible computer assault on critical infrastructure such as telecommunications, banking and power grids (CI No 3,186), it’s about time that it granted companies licences to export encryption technology that will help protect these services, and that’s what has done. Yesterday Microsoft Corp and Netscape Communications Corp said they’d been granted approval to export 128-bit encryption with their products to banks worldwide to protect financial transactions.

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