The Target and Other Financial Data Breaches: Frequently Asked Questions

N. Eric Weiss, Rena S. Miller

University of North Texas Digital Library (University of North Texas) · 2015 · 29 citations · 0 references

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Abstract

This report answers some frequently asked questions about the Target and selected other data breaches, including what is known to have happened in the breach, and what costs may result. It also examines some of the broader issues common to data breaches, including how the payment system works, how cybersecurity costs are shared and allocated within the payment system, who bears the losses in such breaches more generally, what emerging cybersecurity technologies may help prevent them, and what role the government could play in encouraging their adoption. The report addresses policy issues that were discussed in the 113th Congress to deal with these issues.