Preventing fraud is within our grasp

Wednesday, 2 November 2005, 12:35 AM EST

Financial institutions are losing $20bn a year because of identity theft, yet much of this is going unreported because of the institutions’ embarrassment and fear of the loss of public confidence that admitting such incidents would cause.

By Keith Humphreys at vnunet.

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Spotlight

More than a third of employees would sell company data

35 percent of employees would sell information on company patents, financial records and customer credit card details if the price was right. This illustrates the growing importance for organizations to deploy data loss prevention strategies.


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