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Finance security chief highlights risks of cybercrime

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Personal: Cybercrime, Online banking, Online shopping

We could be three times more likely to fall victim of identity fraud than burglary according to the Head of Security at Barclaycard who is warning of the risks of cybercrime.

Neira Jones told the 2012 Information Security Conference that that fraud cost the UK economy £73bn last year and that almost £5bn of that was caused by mass marketing scams or ID theft.

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