SAN FRANCISCO—Privacy and security are in a necessary but inevitable tension, reflected former Secretary of State Hillary Clinton while speaking at data storage and software provider Nexenta’s OpenSDx Summit on Thursday.
As U.S. banks and retailers are barreling toward a 2015 deadline to replace magnetic-stripe credit and debit cards with more secure cards that come embedded with a microchip, researchers have announced a critical flaw in the card system.
Today, news broke of yet more large-scale credit-card breaches at big-box stores, this time at Albertson’s and Supervalu, grocery chains in the American west.