Year of the Hack

Smart Discount Shop

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2014 is most remembered for the year of the hack.  It started with Target and similar attacks appeared for Neiman Marcus, Home Depot, JP Morgan Chase & Co, and most recently Sony.  There have been a growing number of cyber attacks against retailers in 2014 and security check lists that have been used in the past to protect credit card data for retailers is proving to be ineffective.  The problem is there are many hackers on a variety of networks that makes protecting customers payment card data a 24/7 job.  Credit card companies are now issuing an embedded microchip and PIN code instead of the classic magnetic stripe and signature to authorize transactions.  The new technology will be more difficult for hackers to issue purchases with stolen credit card data and counterfeit cards.  Consumers should ALWAYS looks at their transactions list at the end of the month when they are…

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