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June 21, 2005

I ran across this old (in Internet terms) story from MSNBC.com, posted on June 15th. The salient quote:

Nearly half of all Americans avoid shopping on the Internet because they are worried their
personal information will be stolen, according to a survey released Wednesday by an industry group.

The news this week seems to center around the data breach at CardSystems Solutions, where hackers made off with hundreds of thousands (at last count) of records relating to Mastercard and Visa accounts.

Suffice it to say, this isn’t going to help the cause of e-commerce at all. But like all accidents, it points not simply to how far we have to go (in terms of security, in terms of consumer confidence, in terms of understanding all the ramifications of e-commerce), but how far we have come.

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