More than 575 million US payments cards will feature EMV chip security by the end of next year, according to a trade body set up to push the migration from magstripe plastic.
RE: "...Attitudes changed in the wake of the Target breach of late last year, which saw hackers infect POS devices and steal the details of around 40 million customer cards..."
EMV chip and pin is a great idea and a long time coming, but would have done nothing to thwart the attack.
Competitive PackageLondon, UK
© Finextra Research 2015