Poor online security costs the UK economy more than 200 million a year

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A study conducted by financial services firm Experian has found that poor online security has cost the UK economy more than £200 million a year.

The research estimates that as much as £1.02 billion worth of transactions will abandon Russia, either temporarily or permanently, Because consumers got tired of working their way through lengthy and complex verification processes.

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Story added 20. March 2012, content source with full text you can find at link above.