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Apple's Tim Cook warns that sacrificing privacy 'risks our way of life'

James Niccolai | Feb. 16, 2015
Apple's chief believes the personal impact of security breaches can be devastating.

"We can imagine a day in the not distant future when the wallet becomes a remnant of the past," Cook said.

Until then, the threat of identity theft and financial crimes remains very real. "The personal impact of these security breaches can be devastating," Cook said.


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