Retailers Pressed to Protect Consumers From Data Breaches

CUNANews

Data security continues to be a struggle for major retailers. Surprisingly, there are still few federal regulations for them to follow if they’re hacked. Without such rules, damage will most likely increase from high-profile breaches such as those that hit Target and Home Depot in the past year or so. This isn’t to say that the government isn’t trying to … Read More

CUNARetailers Pressed to Protect Consumers From Data Breaches

1 Billion Data Records Stolen in 2014, Says Gemalto

CUNANews

Data breaches increased 49% with almost 1 billion data records compromised in 1,500 attacks in 2014 – a 78% increase in the number of data records either lost or stolen in 2013, a new report by digital security firm Gemalto. The Netherlands-based firm said about 575 million records were compromised in 2013. Identity theft was by far the largest type … Read More

CUNA1 Billion Data Records Stolen in 2014, Says Gemalto