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Banks shore up security
As consumer concerns increase thanks to online banking security breaches and incidents, financial institutions are stepping up security measures in a quest to rebuild customer loyalty and, of course, protect valuable data. Some are bringing in better encryption tools, while others are moving to stronger authentication strategies. But as experts relate, determining whether the efforts will prove successful won't be known until the new security walls are tested by phishing and pharming attacks.
For more on shoring up online banking security:
- read this CIO Today article
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