(CNBC) The Target security breach that may have affected as many as 110 million customers — with their names, mailing addresses, phone numbers and credit card information possibly swiped — ranks as the most extensive corporate data hack ever, experts said on Friday.
"This is the worst breach in history," Ken Stasiak, CEO of SecureState, told NBC News. "It's 2014. We expect retailers of this magnitude to have better security, weigh their risks and spend the resources necessary to secure their data."
Yet without a massive shift towards a credit card technology called EMV that stores data on a chip instead of a magnetic strip, it's likely that data breaches of this size and scale will continue to plague the retail industry, Chester Wisniewski, senior security adviser at Sophos, told NBC News.
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