US customers and retailers, most targeted by cyber attacks

Wednesday 20 August 2014 13:49 CET | News

Though cyber security and data theft are a globally spread phenomenon, public and private entities in the US are the most targeted by cyber-attacks, according to a recent research.

Research and Markets has released a new report dubbed ‘US Payments Authentication and Security Market’, stating that recent data point out the fact that US consumers are not safe and an enormous amount of work is to be done in the US to stop data breaches.

Findings reveal that Point-of-Sale (POS) is one of the most vulnerable locations and a large number of fraud attacks occur at the POS.

The study also shows that the payments security market in the US was estimated at USD 1,327 million for 2013. Retailers appear to be the most affected by payment frauds, starting to invest in building a secure payments system.

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Keywords: US, cyber attacks, data theft, point-of-sale, web fraud, online security
Categories: Fraud & Financial Crime
Countries: World
This article is part of category

Fraud & Financial Crime