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Security and Privacy of Consumer Financial Information

IDENTITY THEFT IS a rapidly growing crime. Consumer financial information is a gold mine for an identity thief, who can use this information to establish a new identity. Identity theft victims spend time and money repairing damage caused by identity thieves to restore their good name and their credit. Identity theft is a crime that can have a large impact on a person’s financial situation.

Banks and other financial institutions use consumer financial information when they conduct business with their customers. This information ...

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