Software tracks every corporate PC conversation
Etre 2006 Disclosure causes gasp of astonishment
By Mike Magee in Barcelona: Tuesday 10 October 2006, 16:31
CHRONICLE SOLUTIONS has an application that is set to make many a CEO tremble in her or his boots.
Nick Kingsbury, CEO of the UK based company, said that his firm provides a system that will give a record of all transactions a PC has ever made, and record and store the transactions.
He said: "You can track down that mysterious leaked document which finally got out. The idea is you store this data for an appropriate number of times and you can replay the sessions."
It doesn't just track emails, it records every transaction, including instant messages. Filters can be applied, and entire sessions can be replayed in full by internal security snoops.
He continued: "Our customers are large organisations in highly regulated industriues who are very interested in compliance and also governments and intelligence services."
But that drew an alarmed response from Wave Systems CEO Steve Sprague. He said the SEC initiated an inquiry into Wave. "We learned from that not to send an email to anyone ever again."
The inquiry meant that six of Wave's top customers received a subpoena.
A random comment in an email that no one barely remembered sending could be construed very differently after the passage of some time.
FT hack Alan Cane, who moderated a panel discussion here in Barcelona, said journalists like leaks. But Kingsbury said it just meant the moles could meet us down the pub instead.
History repeats itself. In Wave's case, it is every three months.
