June marked the latest in a series of massive breaches of identity security, when a shipment of unencrypted tapes of information on 3.9 million Citigroup customers was lost while en route to a credit-reporting agency.But the loss of the Citigroup client records was just one in a slew of identity and customer information security implosions over the last few months at large-scale businesses, including Time Warner, Ameritrade Inc. and Bank of America.

With terms such as "phishing" and "pharming" becoming a permanent part of the IT lexicon, identity and customer data theft have moved to the forefront of the public consciousness and media headlines.

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