How the U.S. can stop credit card fraud

Published May 1, 2015 9:00am ET



Recent news that Vladimir Putin’s Russia hacked a White House computer network was a reminder that in the Internet age, nothing is completely secure. If critical elements of U.S. government infrastructure are susceptible to attacks, what isn’t?

Americans know this phenomenon isn’t limited to government networks and computers. Businesses — small and large — must take precautions not just against the stereotypical masked robber, but also against sophisticated fraudsters and cyber thieves who pose an even broader threat. Malicious cyber attacks on retailers have taken on dangerous new dimensions these days with cybercriminals constantly developing new threats which are increasing in sophistication.

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