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Consumers dump breached retailers, says study

"In the wake of the massive breach of retailer TJX Companies, more than three quarters of consumers say they intend to stop shopping at merchants that suffer data leaks, according to a study conducted by analyst firm Javelin Strategy and Research.

The survey of consumers found that 63 percent viewed retailers and merchants as the least secure links in the chain of groups that handle credit-card information. Credit-card processors came in a distance second place, with one-in-six consumers considering processors insecure. When little information is known about a breach, more than half of all consumers consider that the merchants are to blame, the study found."

Article Link: http://www.securityfocus.com/brief/481


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