Dyman & Associates Risk Management Projects: Preventing the Next Data Breach

The alarming discovery that hackers stole the credit card and personal information of tens of millions of Americans from Target’s computers is yet another reminder of human vulnerability in the digital age. The more practical and immediate lesson, however, is that retailers, banks and other corporations can do far more than they have done so far to protect customers from identity theft and financial fraud. At last count, hackers had stolen the credit or debit card information of 40 million Target shoppers, as well as information like the names, addresses and email addresses of 70 million customers. Though the company has said little about how its system might have been compromised, experts say the attackers, who may have been based in Russia, inserted malicious software into Target’s poorly secured systems during the holiday shopping season.