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It's not the price this article is asking for, but if you think that those companies who have had big public credit card data breaches recently haven't seen the
by notatoad 9y ago
It's not the price this article is asking for, but if you think that those companies who have had big public credit card data breaches recently haven't seen their credit card processing fees shoot up, you're crazy. that's not the sort of thing that the payment industry lets slide.
- dsacco 9y agoInteresting, do you have more information to read about this?
- ioman 9y agoIn higher ed, at least, the cost of having the credit card number of one of your students stolen from you is $245 each. https://www.educationdive.com/news/cost-of-education-data-breaches-averages-245-per-record/447376/ https://www.educationdive.com/news/cost-of-education-data-br...
- deleted 9y ago[deleted]
- rspeer 9y agoThat makes a lot of sense. Ultimately, credit card breaches are merely inconvenient to consumers, because fraudulent charges can be reversed. It's the card companies who care, because they eat the cost.
- Clubber 9y agoThey've gotten the hell sued out of them too by banks and customers. HomeDepot: https://www.bankinfosecurity.com/court-clears-way-for-banks-home-depot-suit-to-proceed-a-9161 https://www.bankinfosecurity.com/court-clears-way-for-banks-... Target: https://consumerist.com/2017/02/03/court-to-review-targets-10m-customer-data-breach-settlement/ https://consumerist.com/2017/02/03/court-to-review-targets-1...