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Overview: Companies in the financial services industry manage large volumes of sensitive customer data. These companies face increasing legal regulation and customer pressure to impose stringent privacy and security controls on access and disclosure of electronic customer records. If financial service companies do not take decisive action to protect this sensitive information, they risk exposure to costly government fines and customer lawsuits. They also risk losing customers to competitors with stronger privacy protection. IBM’s Hippocratic DataBase (HDB) technology offers a scalable solution for automated management of large volumes of sensitive data.
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