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Article: Javelin: Likelihood of Fraud is Over Four Times Higher for Consumers Who Receive Data-Breach Notifications.
- Article from:
- Investment Weekly News
- Article date:
- November 14, 2009
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Javelin Strategy & Research (www.javelinstrategy.com) released a report that reveals consumers receiving data-breach notifications within the past year are at a much greater risk for fraud than typical consumers. Yet surprisingly, consumers rarely attribute fraud to their data-breach exposure.
"Data breach notifications are intended to help consumers take protective action," said Mary Monahan, Managing Partner & Research Director. "Notification is critical because consumers are over four times more likely to encounter actual fraudulent transactions if they receive a data-breach notification. But our research shows a disconnect between breach notifications and ...