The emergency-room pace of mergers, acquisitions and partnerships resulting from the current financial turmoil is increasing the risk to data, according to database security provider Secerno. The integration of IT systems and data has led to a surge in data transfer and sharing, and along with it an increased risk of security breaches and lost files, the company notes.

“This a very tricky time for data safety and protection,” cautions Secerno COO and founder Paul Davie. “We are issuing a call to all those in the financial services industry to be on increased alert regarding the access to and transporting of data to ensure its protection and to safeguard the integrity of their brand.”

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