Although the retail sector has by no means seen the greatest frequency of cyber attacks in recent years, several that have occurred have accounted for a huge percentage of the records actually stolen.
Compounded with the sensitivity of the information typically taken in such a breach (credit card details, passwords and personal information) and its appeal on the black market, major breaches such as those at Target, Home Depot and eBay in recent years have landed concern about commercial data security — and questions about who should be held liable for failures — front and center in the minds of retailers and consumers alike.
What can be done about the security of customer information? How are criminals slipping through seemingly secure systems? What can be done to thwart them? And who is responsible for the resulting financial losses when these efforts fail?
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
