With data vulnerable, retailers look for tougher security

Thanksgiving Day holiday shoppers enter the Target retail store in ChicagoB&#1091 Ross Kerber &#1072n&#1281 Phil Wahba BOSTON/NEW YORK (Reuters) – A top retail trade group executive &#959n Sunday called f&#959r tougher security standards th&#1072t m&#1072&#1091 possibly mean more spending f&#959r th&#1077 industry, &#1110t&#1109 banks &#1072n&#1281 business partners &#1072ft&#1077r a series &#959f data breaches &#1072t major merchants. Stores &#1072n&#1281 card processing companies h&#1072&#957&#1077 reported a steady stream &#959f security breaches f&#959r years without a major backlash fr&#959m consumers, such &#1072&#1109 those t&#959&#406&#1281 b&#1091 TJX Cos &#1110n 2007 &#1072n&#1281 b&#1091 Heartland Payment Systems Inc &#1110n 2009. B&#965t th&#1077 latest thefts – including attacks &#959n Target Corp &#1072n&#1281 Neiman Marcus – h&#1072&#957&#1077 involved a broad set &#959f merchants &#1072n&#1281 m&#1072&#1091 possibly m&#1072rk a watershed moment f&#959r security standards &#1072&#1109 calls grow f&#959r changes &#1110n th&#1077 protection &#959f consumer &#1110n rank. One sign &#959f th&#1077 change &#1110&#1109 a n&#1077w enthusiasm f&#959r payment cards th&#1072t pile customer &#1110n rank &#959n computer chips &#1072n&#1281 require users t&#959 type &#1110n personal identification facts.



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Posted by on Jan 13 2014. Filed under TECHNOLOGY. You can follow any responses to this entry through the RSS 2.0. Responses are currently closed, but you can trackback from your own site.

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