Big Citi Hack Reveals Ugly Truth About Banks

The massive data breach at Citigroup has alarmed customers, angered lawmakers, and sparked debate on whether big banks are spending enough money on protecting their customers’ information, the New York Times finds. Credit card companies have devoted their resources to preventing fraud from occurring when data is stolen and not…

Here is the original post:
Big Citi Hack Reveals Ugly Truth About Banks

Posted by on June 10, 2011. Filed under News, World News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.