|Page (1) of 1 - 01/14/14||email article||print page|
JPMorgan Chase's CEO Jamie Dimon said more Target-sized security breaches will happen if banks and retail stores don't start working together to further protect customers' data. JPMorgan has replaced 2 million credit and debit cards as a result of the Target breach, Dimon said. However, the bank hasn't seen a reduction in consumer spending due to the breach, and there are no signs that consumers moved to other forms of payment, like cash or checks.
|JPMorgan's Dimon: Target Breach Is A Wake-up Call|
Source:GrabNetworks (c). All Rights Reserved