Citi failure is greater than just letting its data be breached

Waiting weeks to notify customers builds case for better regulation of online data security

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No amount of regulation will build the perfectly secure company, but good, consistent federal regulation of online customer-account management at any type of site can create a minimum level of security and competence.

That would force companies in Sony's league to become competent, for example, and force those in Citi's to admit when their competence failed – promptly.

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