14% of All Debit Cards Exposed in Breaches in 2013

According to the 2014 Debit Issuer Study commissioned by PULSE (see article at Cuna.org), 14% of all debit cards were exposed in data breaches in 2013, compared with 5% in 2012.

The study also found that:

  • 84% of financial institutions reissued all exposed cards in response to the Target breach, compared with only 29% that typically reissue all exposed cards as a standard response to breaches.
  • 86% of participating U.S. issuers plan to start issuing EMV debit cards within the next two years, and most will begin EMV debit issuance in 2015.
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