IBM and banks draw up data security blueprint

Tuesday, 5 July 2005, 11:49 AM EST

The new body comes at a time when major companies in the US are coming under pressure over data security in light of a large number of customer data loss scandals.

CitiBank, Bank of America, MasterCard, Time Warner, MCI and Lexis-Nexis have all suffered bad publicity from recent data losses, whether through theft or misplacements.

By Antony Savvas at ComputerWeekly.

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