If knowledge is power, the American consumer loses it by the day. At least ten separate security breaches occurred from January 2017 till now. Many of them were caused by flaws in payment systems, either online or in stores.
Data breaches are on the rise in both retailers and other businesses. According to Business Insider Intelligence, data breaches are a real danger for both brands and customers, and can affect retailer’s trust in brands.
Read how your credit card details may have been leaked if you have shopped in 7 stores which suffered a data breach on Business Insider.