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Phillips concurred, "We've found that if a company has been hit, then the owners are willing to invest in security features."
Instead of acting when it is too late, Phillips suggests that end-users, and even distributors, consider the fact that security documentation is cheap insurance. "Companies need security be-cause, in the situation of fraudulent checks, new laws don't just hold the bank responsible. The liability now falls back to the company issuing the check," said Phillips. "They are responsible for securing themselves."
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