Banking Networks

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US retail industry suffers from big data troubles

When it comes to "big data", the first thing people think about is all kinds of social media, telecoms and other technology companies, but another industry that involves intensive user data is retailing. In this rather traditional industry, "big Data" is mixed with risk and profit. Retail giants are prone to buying data or credit card data for millions or even millions of consumers, but they are riddled with data security management, and profit from selling the data, and because of current accounting standards, are not available to potential investors. Hackers love the supermarket hackers in addition to like attacking various banking networks or ...

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