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Meganet Develops Unbreakable Encryption for Data Safety and Security

General Esm H446
Meganet, an Israeli-U.S. data security company, has developed an encryption technology that appears to be unbreakable, enabling governments and corporations, to keep their data safely out of the hands of competitors, thieves and saboteurs. Among the clients that believe in . . . Meganet, an Israeli-U.S. data security company, has developed an encryption technology that appears to be unbreakable, enabling governments and corporations, to keep their data safely out of the hands of competitors, thieves and saboteurs. Among the clients that believe in their ability to protect sensitive information is the U.S. government

Data security is one of the key concerns for governments and corporate users today as hacking becomes increasingly prevalent. In 2000, an FBI survey showed that 90 percent of participating companies had their computer systems vandalized by rivals, hackers, or even disgruntled employees. In January 2000, hackers stole 250,000 credit card numbers from an online CD store. They tried to blackmail the store. When it refused to pay, the hackers published 10,000 card numbers on the Internet.

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