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Krebs: Wendy’s breach losses may exceed those of Target, Home Depot incidents

03
Mar
2016

wendys

The financial loss to credit unions affected by the Wendy’s data breach uncovered earlier this month appears to be on pace to surpass damages incurred from the high-profile Target and Home Depot breach incidents, according to a report from Krebs on Security.

The report quoted B. Dan Berger, CEO at the National Association of Federal Credit Unions, who cited a major spike in debit card fraud in the weeks prior to the breach going public, with cyber-criminals “targeting and draining debit accounts with lots of money in them.”

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