Encryption is fundamental to business today. But encryption also allows evildoers to plan nefarious criminal or terrorist acts.  Law enforcement, intelligence agencies and political interests have proposed "back doors" to enable them to do their jobs.  Shades of the cryptographic device, The Clipper Chip and the Skipjack algorithm!  Look it up!

CISO's need to work with stakeholders to find the right balance between their responsibilities in protecting sensitive data and cooperation with law enforcement and Homeland Security.  We discuss these and other issues in this conversation between Security Current's Vic Wheatman and Greg Schaffer, FirstBank VP and Information Security Officer.