The Plastic Breach: Protecting The Retail Sector

Who would have thought that a small piece of plastic measuring a mere 2.125 inches by 3.370 inches could open a window to so much mayhem? For the past three years, cybercriminals have been targeting the retail industry. During 2014, we saw large- name retailers like Michaels, Neiman Marcus, PF Chang’s, Staples, Dairy Queen, Goodwill, UPS, Target, and Home Depot all make headlines.

With over 1 billion credit cards in circulation in the US alone and over 7 billion worldwide, fraud in the retail sector has been on the rise for years. Cyber criminals have been targeting Point of Sale (PoS) terminals and hacking networks of retailers to steal millions of identity and credit card records — as well as other data and merchandise.

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