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Over the last several years, financial institutions have spent billions of dollars and resources securing a perimeter defense system consisting of intrusion detection, intrusion prevention, firewalls, user authentication, and other layers of security all built to secure their financial systems. Due to the exponential increase in internal and external information security incidents, these investments are necessary to protect an institution's reputation and revenue. In addition, the federal government is using regulatory means to ensure the banks take responsibility for potential losses. Of equal or even greater threat, however, are the social aspects of the Internet that cannot be controlled. For example, financial institutions need to be aware of the reputational risk that is inherent on the Internet.
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