Dixons Carphone has confirmed there has been unauthorised access of its data. Breach included details of 5.9m payment cards and 1.2m personal data records. Access was also gained to non-financial personal data, such as addresses.
This will only stop when we accept that the Internet is not a safe place to do business.
Companies and Banks are frequently being hacked and many hacks are kept secret to avoid the Public losing confidence in their security.
The Internet is a marvellous achievement but it has proved to be a goldmine for the Underworld
The world is what it is, and we have to accept that whilst we enjoy the enormous benefits the Internet provides, there is a price to pay. We can't turn the clock back - life without the internet would now be extremely difficult.
You'll hear people say they could easily live an offline life, and they couldn't - so many aspects of our social infrastructure are utterly dependent on the internet.
Millions of state pension payments go into bank accounts every Sunday night...via the internet. Banks and other financial institutions rely on it for moving money around the world. Our big supermarkets run their logistics operations on the internet or intranets - data being exchanged between stores and warehouses, so deliveries arrive when they're needed.
Take a long distance train ride - as I do quite often - and you'll see carriages full of people working on their laptops. I do it, and catch up with email etc. while I'm on the move.
The list is endless, and if part of the price of all this convenience is the risk of corporate data breaches....well, it's up to us to fix it. We will, in time. Until then, we all need to take responsibility for our own personal data. Do what we can, and hope that those who keep our information on their systems are doing their utmost to keep it safe.
I returned from a month the USA last week and I used a UK credit card. In Austin Texas many stores accepted my Chip and Pin card including Walmart, Sears and HEB, I would guess that less than 10% of my purchases asked for a signature but I never saw a contactless reader other than in Canada.
FE: The sorry thing is that the cost of Internet Security for us, the hoi polloi, is not a priority in many Organisations.
It sometimes appears that Annual Bonuses have a higher priority
People tend to forget, the UK has one of the most advanced financial systems in the world. We leave the USA in the dust. As another poster said, it's like going back two decades or more.
One of the things I do is refuse to let sites hold my credit card details. Yes, it means re-entering them each time I want to buy something, but in my book, that's a small price to pay for the extra security.
Sometimes, with just a little effort, you can help yourself.
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