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In 2008, data breaches hit the financial industry hard. These data breaches exposed personal information that thieves could leverage to steal identities. This resulted in financial loss for the victims and major repercussions for the breached organization, including an average cost of $200 per compromised record and a loss of the valued trust of their customers. The presenter of this webcast highlights his findings and recommendations to secure the financial institution from data security breaches in 2009 and beyond.
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