At last count, North America was the continent most affected by data breaches—accounting for 1,164 or 76 percent of breaches in the world.
Fifty-four percent of those 2014 breaches related to identity theft; 17 percent to financial access; and 11 percent to account access. And in that year, 32 data records were lost or stolen every second—averaging out to almost 2.8 million a day.
In a world of widespread breaches, card issuers must look at reissuance as an opportunity.
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