Anurag Lal, NetSfere

DataDecisionMakers Author

Anurag Lal is the president and CEO of NetSfere. With more than 25 years of leadership and operating experience in technology and mobile industries, he was appointed by the Obama administration to serve as a Director of the U.S. National Broadband Task Force (part of the Federal Communications Commission). Anurag and his team of innovators are transforming everyday messaging technology into secure, highly scalable communication platforms.

How to avoid billion-dollar fines due to unsecured messaging apps

In September, the U.S. Security and Exchange Commission (SEC) issued $1.8 billion in fines to some of Wall Street’s biggest banks for their inability to keep private information secure when using internal communications. These banks, including Barclay’s, Bank of America, Citigroup Global Markets, Goldman Sachs, JP Morgan Chase and others, received these fines for their “widespread and longstanding failures to maintain and preserve work-related electronic communications,” according to a 451 Research report.

Anurag Lal, NetSfere