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Financial Data Security Industry
The major use of SMS in the financial services industry is in the machine (or application)-to-person messaging. Until the SMS became so popular emails were sent for most correspondence. Emails are relatively slow.
In circumstances where the sender or recipient does not need a response or does not need to keep track of thread of correspondence, in short where relevance of the message is not critical then SMS should suffice. SMS A2P may turn out to be actually more useful than emails for certain industries or even certain business transactions.
Trust is a possibly the most important key issue in the financial industry. Trust and Identity goes hand in hand. Authentication is as such a critical factor in the financial industry. Source and destination devices must as such be uniquely identifiable within a secure communication system serving the financial industry.
Unreliably by nature – SMS is by design not guaranteed. Secure mobile communications should be an integral part of every financial services corporation’s enterprise mobility management.
Contact us today to discuss your mobile data security needs.
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