[89496] in Cypherpunks
Re: PGP and Compliance with SEC and Liability Rules
daemon@ATHENA.MIT.EDU (mark@unicorn.com)
Wed Nov 5 07:37:33 1997
Date: Wed, 5 Nov 1997 03:55:53 -0800 (PST)
From: mark@unicorn.com
To: cypherpunks@cyberpass.net
Reply-To: mark@unicorn.com
Tim May quoted from macweek:
>"The Gartner Group's Wheatman pointed out that PGP Policy Management Agent
>allows corporatins for the first time to centralize control over
>encryption: "For encryption to be accepted, IT had to gain control. This
>isn't Big Brother; this is necessary to comply with liability laws and SEC
>regulations.""
However, this doesn't seem to work, unless I'm mistaken about CMR
enforcement and the SEC regulations. CMR will only allow the snoops
to read incoming email, not outgoing, and hence if Joe Blow at
Foo-Bah.com wants to send me some handy insider trading tips CMR will
not stop them. So this seems to be another justification for CMR
which just doesn't make sense.
Mark
