The Target breach won’t be the last we face. In an article for USA Today written by Byron Acohido, Oberthur Technologies president Martin Ferenczi explains that lack of chip cards in the US is the reason:
“With a chip card, if data is stolen, it is useless because it was only relevant for that previous transaction,” Ferenczi says. “The U.S. is now the weakest link as migration to chip cards is in its infancy.”
Read the full article to learn about what damage Target has sustained to its reputation from the breach and the danger of choosing convenience over security.