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As we are reminded all too frequently, safeguarding customer data remains a huge challenge. Whose heart hasn’t skipped a beat with each headline blaring, “Another Data Breach At Retailer” compromising consumers’ very personal information?

The General Accounting Office counted over 570 reported breaches in 2005 and 2006. Yet despite the frequency, there is still no uniform federal law mandating consumer notification or assigning liability with respect to such violations.

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