Data breaches demand earlier detection, better remediation

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A new article on Finextra highlights the rampant growth in financial fraud with research from Gartner Group stating that 7.5% of Americans were hit in 2008.

Much of this growth is due to the explosion in data breaches, in scope, scale and number. See my blog entry there exploring how data breaches show up weeks or months later as increases in online credit card fraud, and what we should do about it.