Data Breaches and Fraud – Big Problems with a Big Solution

Reblogged from Bluefin Payment Systems:

Click to visit the original postEnter Problem: Data breach. Perish the thought, but according to Javelin Strategy & Research’s 2013 Data Breach Fraud Impact Report, too many breaches occur when companies fail to make use of “aggravatingly simple protections.” And these failures can lead to large data breaches, resulting in billions of dollars of economic and brand damage. According to Javelin’s report, in 2012, up to 134 data breaches occurred in an average month, or 1,611 for the year.

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