Industries dodge breach blame
Associated Press reports:
Banks and big retailers are locked in a debate over the breach of consumer data that gripped Target Corp. during the holiday season. At issue: Which industry bears more responsibility for protecting consumers’ personal information?
The retailers’ argument: Banks must upgrade the security technology for the credit and debit cards they issue.
The banks’ counterargument: Newer electronic-chip technology wouldn’t have prevented the Target breach. And retailers must tighten their own security systems for processing card payments.
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