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

03
Mar
2016
Krebs: Wendy’s breach losses may exceed those of Target, Home Depot incidents

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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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