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In the past few weeks, several major breaches of consumer financial data have come to light. In one instance, forty million credit card accounts were exposed to a breach and at least 200,000 records were stolen from Atlanta-based CardSystems Solutions Inc., which processes credit card and other payments for banks and merchants across North America. Further, Equifax Canada Inc., the credit reporting company, revealed that it had suffered a security breach that gave criminals access to personal financial information for hundreds of Canadians.
