More and more consumers these days are buying things with their credit and debit cards, instead of cash, especially large purchases. As a result, many retailers have security systems in place to protect themselves and their customers in the event of a cyber attack. For example, it’s now widely considered common practice to encrypt customers’ credit and debit card numbers.
According to a recent data breach class action lawsuit filed against Home Depot, the retailer allegedly failed to encrypt its customers’ credit card data or take other standard security measures.
Five former computer security employees of Home Depot have come forward to accuse the company of negligence. They allege Home Depot failed to follow basic industry standards, including scanning its customer systems on a regular basis. The retail giant also allegedly used outdated software and used only “C-level security,” claiming upgrades would be too expensive and disruptive to business. Continue reading ›