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Cryptocard: Online-Banking In Armenia Unprotected

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  • Cryptocard: Online-Banking In Armenia Unprotected

    CRYPTOCARD: ONLINE-BANKING IN ARMENIA UNPROTECTED

    PanARMENIAN.Net
    May 14, 2010 - 12:26 AMT 07:26 GMT

    Online-banking in Armenia is unprotected, according to Mike Edwards,
    European Sales Director at CRYPTOCard Europe

    "The research of the Armenian market carried out by Apaga Technologies
    featured usage of security certificate as the only security tool, which
    is incapable to identify the individual visiting the website," he said.

    CRYPTOCard will offer its services in Armenia in the near
    future. "We are hopeful for a feedback from organizations engaged
    in online-banking," Mr. Edwards told journalists in Yerevan. "The
    priority task of the company is to ensure password security."
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