Pretty Good Privacy Inc. said it has obtained Department of Commerce approval to export its mail and message encryption software to banks worldwide.

The company said its authority is broader than the transaction-oriented security licenses obtained by other companies. It includes encryption software for communications such as electronic mail and file transfers, in addition to encryption for securing bank transactions.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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