Target Breach Spurs Retail Rush to Accept Tougher Credit Cards

After last year's massive security breaches at Target and Neiman Marcus Group, data-security professionals urged U.S. retailers to upgrade their credit and debit card technology to reduce fraud. Companies have been slow to embrace the more secure payment systems that have been widely used in Europe and Asia for years, mostly because of the expense and a lack of synchronization among retailers, credit card providers and banks.