After a year of high profile breaches, some might assume that merchants are on high alert about payment card security. And while a majority say that the spate of compromises has caused them to think seriously about the issue, about 30 percent say the media attention has had little effect on their approach to data protection.
On this blog, we just discussed the findings of "Data Security in the Evolving Payments Ecosystem," a report by Experian and the Ponemon Institute. One of the study's areas of focus was on the response from merchants in relation to breaches at companies like Target, Home Depot and Michaels.
"Sixty-nine percent said highly publicized data breaches did increase their awareness about securing their payment processes," summarizes Roy Urrico of Payment Union … more