cfsp key=”getamac.jpg”]”A judge last week ruled that banks will be allowed to sue Target for negligence stemming from the retailer’s gargantuan credit card breach from December of 2013,” Yoni Heisler reports for TUAW. “A slew of big time retailers, from Home Depot to Neiman Marcus, also suffered embarrassing credit card breaches over the past year.”
“With banks, at least in this instance, now having the green light to sue retailers for credit card breaches, the value proposition for Apple Pay amongst retailers should be glaringly clear,” Heisler reports. “As we’ve detailed before, the security mechanisms that govern Apple Pay are extremely robust and are at the forefront of an emerging global credit card payments standard.”
Heisler reports, “Simply put, it’s not a stretch to say that Apple Pay is the safest way to make any type of credit card payment.”
Read more in the full article here.
MacDailyNews Take: Boycott CVS and Rite Aid and any other company that willfully turns off NFC in a effort to block the vastly more secure, much more private, and far easier-to-use Apple Pay service.
Windows to blame for Home Depot’s gigantic security breach; senior executives given new MacBooks and iPhones – November 10, 2014
Lessons from Home Depot: Expect hackers to crack more retailers this holiday season – November 7, 2014
Retailers like CVS and Rite Aid that block Apple Pay are taking a big security risk – October 28, 2014
Massive data breach: Target’s Windows-based PoS terminals were infected with malware – January 13, 2014