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T security is a major risk concern at financial services institutions. According to a November survey by Bloomington, Minn.-based
consultancy RSM McGladrey, 80 percent of FSIs cited IT-related safeguards as a top budget priority. The study, which surveyed more than 700 CEOs and CFOs - half from the financial services industry - reports that virus protection, employee access to IT systems and intrusion detection are the top risk-prevention measures.
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