Over 780,000 data records are lost through breaches and hacking efforts every single day, yet the average American can do so little to protect themselves against it.
Banks and credit unions invest billions of dollars in data security, as they understand the importance of protecting their customer's sensitive information.
A new bill sponsored by Senators Dick Durbin and Roger Marshall threatens to put power directly in their hands - the greedy hands of these mega-stores who are willing to compromise Americans' data security to skyrocket their profits.
As the report points out, mega-stores have a long history of jeopardizing their customer's data.
Wawa, Home Depot, and Target all experienced malware attacks in total that compromised the credit and debit card data of over 127 million people.
Unlike banks and credit unions, mega-stores do not invest in security measures to protect their customers' data from malicious actors.
The Durbin-Marshall credit bill will allow mega-stores to cut even more corners with data security.
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