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White Papers for Federal Financial Institutions Examination Council (FFIEC)Meeting the PCI StandardSolidcore Identity theft and credit card fraud is a large and growing problem. The Federal Trade Commission estimates that almost 10 million consumers were affected last year, at a cost of close to $50 billion. In order to combat this growing menace, Visa, MasterCard, American Express, Diners Club, Discover and other major credit card providers have joined together to introduce a compliance standard - the Payment Card Industry
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