The end of a year brings reflection as well as a chance to pause and look to the future. To help businesses understand implications of such changes and navigate the road ahead, Experian® Data Breach Resolution has developed six key predictions about how the data breach industry will evolve in 2015. These predictions are based on the group’s experience helping more than 3,000 companies manage breaches of all types in 2014 and conversations with leaders across the security landscape.
Among the comments in the report was “the rise — and fall — of payment breaches.” Adoption requirements for Europay, MasterCard and Visa (EMV) “Chip and PIN” technology being implemented later this year may drive an increase in the frequency of payment breaches as the window closes for hackers to profit from this type of attack on brick-and-mortar retailers. However, businesses should be wary of the potential for the new infrastructure creating a false sense of security for consumers.
HB Litigation Conference Presents
NetDiligence® Cyber Risk & Privacy Liability Forum
June 2-3, 2015