SEN 6.67% 1.6¢ senetas corporation limited

accreditation update, page-11

  1. 1,508 Posts.

    Hi Weewillie,

    I'm not sure that is strictly correct. It seems to me that after gaining FIPS and CC accreditation for their first ATM encryptor in 2001 the stooges couldn't really be bothered going through the costly process anymore because that would mean less money in their back pocket, so safenet actually 'owns' all the FIPS accreditation on the products they make and sen have only recently decided to catch up with their CC accreditation with their expansion plans into europe and FIPS because of their manufacturing plans in the US.

    Of course it is all the same gear so I think it should be cheaper and quicker the second time around but is still a very expensive process and could explain some part of last half loss??
 
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