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Security Strategy

By Tom Espiner

Published: Tuesday 14 November 2006


Name

Anonymous


Location

UAE


Occupation

Managing Director


Comment

If Nationwide ARE indeed communicating with their 11 million stong customer base on this incident - then this is going to cost upwards of GBP22M to them - minimally GBP2 per person assuming of course no-one phones in on the customer care lines - then the costs go thru the roof.

Makes you think - if they'd spent a fraction of that on introducing and enforcing strong security policies and technology, they would have saved themselves a fortune.

Assuming, of course, that they are actually communicating with their customers - I for one have 3 or 4 Nationwide Accounts and have had absolutely NO communication at all!!

Skeptical - Uh huh



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