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FDIC Raises the Bar on Data Security

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From Bankers Online

The FDIC significantly raised the bar on Data Security with its July 5, 2005, FIL 59-05, adding two significant new concerns that must be addressed by financial institutions’ customer data security programs. The FIL announced the release of a Supplement to the FDIC’s December 2004 study on "Putting an End to Account-Hijacking Identity Theft."

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