Citi Defends Delay in Disclosing Hacking

Citigroup Inc. waited as long as three weeks to notify credit-card customers of a hacking attack because it was conducting an investigation and producing replacement cards, according to a person familiar with the situation. The internal investigation took 10 to 12 days and began within 24 hours of ...

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Citi Defends Delay in Disclosing Hacking