Data security goes beyond chip cards, CBA leaders say

02/11/2014 | AmericanBanker.com (subscription required)

Securing consumers' data will require more than just adding chip technology to credit and debit cards, say Richard Hunt, CBA president and CEO, and Andy Harmening, CBA chairman and head of the Bank of the West's regional banking group. Hunt said he was surprised that retailers have blamed banks for the Target data breach, and he called for a broader discussion to address security issues.

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