ETA Serves as Industry Voice During Target Data Breach Media Coverage
On December 19, Target announced that approximately 40 million credit and debit card accounts used by its customers at Target retail stores may have been compromised by a data breach. The revelation quickly became the media’s top story with front page headlines and 24 hour news coverage. As the voice of the payments industry, ETA has been actively participating in media interviews – ensuring the public knows that such data breaches are rare, consumers will not be held liable for any fraudulent charges, and electronic payments remain the safest and most secure option.
Below is a summary of ETA’s media activities since the story broke.
01.03.14 – Let private sector deal with fraud: Another view
USA Today
01.01.14 – Behind the credit chip curve, U.S. playing catch-up with Canada, rest of world on card security
Samantha Maziarz Christmann, The Buffalo News
12.24.13 – Target Data Breach Showcases Lagging US Credit Security
Minnesota Public Radio
12.23.13 – Target doing enough to help consumers after security breach?
Fox Business News
12.23.13 – Smart Cards Could Have Protected Target Shoppers From Identity Thieves
The Huffington Post
12.23.13 – Target credit hack relied on failings of magnetic strip
Marketplace
12.23.13 Jason Oxman, CEO of the Electronic Transactions Associations, on the Target Data Breach
The Scott Sands Show
12.23.2013 – Target sales decline as company deals with credit card breach
WJLA News
12.23.2013 – Why the U.S. leaves its credit-card system vulnerable to fraud
Business Week
12.23.2013 – Target said to be hit with first lawsuits over security breach
CBS Morning News
12.23.2013 –Weak US card security made Target a juicy target
Jonathan Fahey, Associated Press
12.22.2013 – Target scrambles to limit financial impact of credit card hacking
CBS Evening News
12.20.2013 – Target security breach affects up to 40M cards
Anne D’Innocenzio and Bree Fowler, Associated Press
12.20.2013 Why credit hacks will keep happening
CNN Money