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ROI%20Report<%2Fem>,<%2Fa>%20to%20gauge%20what%20our%20audience%20of%20cross-channel%20retailers%20are%20interested%20in%20and%20concerned%20about.%20Lately,%20the%20clickthrough%20rates%20for%20articles%20about%20hackers%20and%20scammers%20targeting%20retailers%20and%20shoppers%20are%20through%20the%20roof%0D%0A%0D%0Ahttps%3A%2F%2Fwww.mytotalretail.com%2Farticle%2Fn-a-417645%2F" target="_blank" class="email" data-post-id="9206" type="icon_link">
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More Debit and Credit Card
Data Breaches
So, what's going on here? Are these kinds of crimes becoming more common and serious? It appears that they're becoming more popular. Year-to-date, debit and credit cards account for 20 percent of all consumer data breaches, up from 11 percent during the same period last year, according to the Identity Theft Resource Center. Debit card fraud losses incurred by banks reached a record $788 million in 2008, according to the latest estimates from the American Bankers Association. This is due mostly to stolen and counterfeit debit cards.
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Melissa Campanelli
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Melissa Campanelli is Editor-in-Chief of Total Retail. She is an industry veteran, having covered all aspects of retail, tech, digital, e-commerce, and marketing over the past 20 years. Melissa is also the co-founder of the Women in Retail Leadership Circle.
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