Payments Source: Breaches will continue until personal data is ‘rendered worthless’

September 28, 2017 — Breaches will continue until personal data is ‘rendered worthless’

Robert Capps, VP at NuData, writes this guest article for Payments Source about the consequences of marketwide inaction on security in response to the latest data breach.

Sonic is the latest merchant to suffer a data breaches, and another example of the consequences of marketwide inaction on security.

With no concrete information on when and where this took place, Sonic customers can only hope they’re not involved and wait to learn whether their card has been stolen.

Brian Krebs, who has broken this story, is reporting that according to the National Association of Federal Credit Unions is responding with understandable dread, knowing that ultimately their member credit unions will likely bear some of the ultimate financial burdens.

For the complete article, go here.