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Is It Possible That Data Breaches Are Becoming More Common

Is It Possible That Data Breaches Are Becoming More Common?

Data breaches are a serious concern – names, passwords, and other personal details are stolen by criminals looking to profit off the information., an archive of breached websites dating back to 2007, shows that each year the number of data breaches is, in fact, increasing. While the archive does not provide comparable data for other types of breaches, it does show that there is a serious cause for concern.

It’s fair to conclude that card-not-present (CNP) data breaches will continue to increase. Consumers are spending more money and time online, and feel comfortable submitting online payments and entering their personal information into shopper profiles. And, despite advancements in security technology, criminals continue to gain access to sensitive information with increasingly sophisticated and creative methods.

The increase in CNP data breaches could be attributed to criminals realizing that their go-to card-present victims may not always be such easy, lucrative targets. According to KrebsOnSecurity, “Much of the retail community is working to meet [the EMV liability shift] to move to chip-and-PIN enabled card terminals.… Fraudsters realize the clock is ticking and [it will become] much more expensive and difficult for fraudsters to clone stolen cards.” This shift from card-present fraud to CNP fraud can be nerve-wracking for e-commerce merchants or merchants who generate much of their revenue online. But there are ways to mitigate the effects of CNP fraud and protect sensitive data.

The most effective way to combat data breaches is for merchants and consumers to work together and take proactive, protective measures. For merchants, this means employing multi-layered security with EMV, end-to-end encryption, and tokenization, so sensitive payment card data is never stored, processed, or transmitted in their environment – leaving nothing for the criminals to steal.

For consumers, this means being aware of where card data is being entered. While there’s always a chance, however large or small, that personal information or payment card data can be stolen online, that risk can be reduced with consumer vigilance. Consumers should enable multi-factor authentication whenever possible, check to ensure that domain names are properly spelled (as a site like may be designed to trick consumers into thinking they’re on, and be selective about which sites they trust with their personal details.

Merchants, protect your businesses from data breaches and fraud with MiPoint Integrated Payments. Contact MiCamp today for more information.

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