Data Breaches Hit Half of America: Verizon Report

David Morrison writes:

Almost half of all American consumers (45%) said data security breaches have compromised their personal payment information or that of a household member, according Verizon’s 2015 PCI Compliance Report.

The document suggested credit unions and other card issuers might suffer damage from card security breaches until consumers start using payment cards with embedded EMV chips.

Verizon Enterprise Solutions, a subsidiary of the communication firm, published the report March 12. It was the fourth year Verizon has published the report, which looks into how firms comply with the Payment Card Industry Data Security Standard.

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