Payment Card Data is a Target

By | February 26, 2016

Payment card data is very desirable target for criminals. According to 2013 Verizon Data Breach Investigation Report, payment cards have consistently been at the top of the list for the most often stolen data type since their studies into breach investigations began. The methods used to extract data are often combined to exploit security weaknesses present in the environment. Statistics from recent reports are shown here to illustrate how these security weaknesses can result in an attacker gaining access to sensitive data.

According industry reports:
-2012-Payment card data made up 48% of data breaches investigated and was also the 2nd largest volume of records affected.
-2013-Payment card data targeted in 61% of breaches investigated.

The following methods were identified as being used to remove stolen data from the environments:

-76% exploited weak or stolen credentials
-52% involved some form of hacking
-40% incorporated malware
-35% involved physical attacks
-29% leveraged social tactics

**Sources: Trustwave 2013 Global Security Report
Verizon Data Breach Investigations Report 2012 and 2013

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