Technologists at banks with large overseas operations have drawn encouragement from a National Research Council report suggesting that businesses be allowed stronger forms of data encryption.

In the May 30 report, the council - a 16-member panel of business executives, technologists, and defense experts assembled at the request of Congress - proposed liberalizing government restrictions on encryption.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.