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US retailers lead world in data breaches

July 30, 2018

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In a truly dubious accomplishment, retail has emerged as the world leader in data breaches. Big numbers and bad news for U.S. retailers characterized a recent report from Thales eSecurity. Data breaches increased significantly last year, and while retailers are spending big to counter them, the report said the money is not being spent well.

Significant breaches have already been reported this year, building on a trend seen over the last few years. Retailers reporting significant breaches recently included: Macy’s and Bloomingdales, Adidas, Panera Bread, Under Armour, Chipotle, and Hudson Bay Co’s Saks Fifth Avenue, Saks Off 5th and Lord & Taylor. In previous years the list included Kmart, Buckle and Eddie Bauer. Many of the reported breaches involved months-long attacks on point-of-sale systems.

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