The desktop software, which allows emails and attachments to be digitally signed and encrypted, has been designed to be in line with guidelines from the FSA and Information Commissioner’s Office’s on redu- cing data leakage and compliance risks.
Origo managing director Paul Pettitt says: “The financial services industry is facing growing risks with data leakage and email is a big part of the problem. As the standards body for the industry, it is right that Origo should work with the increasing number of interested parties to deliver a solution and I believe the creation of an industry secure email service is the only realistic way forward.”
NU head of ecommerce Chris Abrathat says: “We are keen to be among the first in the industry to take steps to provide email security for ourselves and our customers rather than waiting to react to a future security incident.”
Sesame head of IT sales David Sandy says the network supports the “adoption of an industry standard as this enables consistent provision of security at each stage of communication between adviser, consumer and product provider”.
For the pilot, Origo is working with internet content security provider Trend Micro and plans to offer the software to advisers free of charge.