It is hard not to become desensitized to the almost daily news of data breaches. Identity theft is appealing to fraudsters, but the endgame is nearly always financial gain, so lifting payments data is a far more direct path to a payoff.
If we take it as a truism that hackers will find a way behind firewalls, onto servers and into databases, we need to make the potential prize less appealing.
There has been a lot of talk about EMV Secure Remote Commerce, card/credential-on-file network tokenization and more as “new” ways to protect data. But not all of these concepts are new.