Reality check: Hackers will always go after the weakest link. If they determine that the big guys have toughened up, they're just going to go after easier targets, like small businesses. So what is a small business owner to do?
Now that the impact of the Target data breach has grown from 40 million card members to 70 million, and to perhaps as high as 110 million, prepare for all sorts of mayhem because this data theft is just the start of things to come.
Americans are acutely aware of the threat posed by hackers and ID thieves: Fifty-five percent say they or someone they know had their email account breached; 62 percent report receiving a suspicious email from someone likely due to that person's email being hacked.
Given a "third party" lost my PCI data, and caused a cascade of events and expenses for others, that there had to be an equitable way to pass through the cost and expenses to the party responsible for the events.