This survey reinforces what Visa has long believed -- that data security is an issue of paramount concern to consumers around the world. Trust is at the heart of our dynamic global economy, and that trust can be eroded if consumers' growing data security concerns are not addressed.

The concern over data security is broader than electronic payments. But at Visa, we know that maintaining cardholder confidence is crucial to the success of the Visa system, and that's why we are committed to doing our part to contribute to a global solution. Through constant innovation, investment and education, Visa is committed to working with member banks, technology partners, merchants and consumers to support and enhance the security of cardholder data. But we are only one part of the solution.

The global payment system is only as secure as its weakest link. To prevent future data security compromises, everyone, everywhere, that engages in commerce must take responsibility for their role in the payments chain, including, banks, processors, retailers, and consumers.

Security is a bigger and bigger area of concern, especially as you serve not only consumers but businesses.

But as to how many they are, we don?t really know and they are indeed a security concern.

If safety were a paramount concern those two other bridges would've been down by now. You can't build this bridge without doing something to everybody in this room.