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Published: 30 Oct 2012

Major data losses by large corporations have grabbed headlines and created a surge of interest in encryption. In the past year, IT professionals have grown accustomed to opening their morning papers to stories about companies losing backup tapes. A sampling: In February, banking behemoth Bank of America Corp. confirmed it lost backup tapes containing the account information--including credit card and social security numbers--of 1.2 million government employees, including U.S. senators. In May, media and entertainment company Time Warner Inc. announced that 40 backup tapes containing data on 600,000 employees were lost during a routine shipment to an offsite storage facility by Boston-based storage and records management firm Iron Mountain. Citigroup Inc. followed suit in June with another tale of lost backup tapes, this time containing records for 3.9 million past and current customers, lost in transit by United Parcel Service (UPS). Was data actually compromised? Perhaps. Were these companies' images tarnished? Most definitely. IT professionals are starting... Access >>>

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