vector

Meridian Gives

At Meridian the urge to give back is a daily exercise, coming directly from our fearless leader. We recognize many people who need...

READ MORE

Trust comes with experience.

Meridian helps you protect your property, family, business & lifestyle with the
premium products and personal service that you deserve.

home > news > we all can learn from target

We All Can Learn from Target

The numbers are staggering: 40 Million Credit Cards hacked. 70 Million records of personal data stolen; plus, A 46% drop in profits for Q4 2013.

These numbers mean nothing next to the true problem at hand.

While Target is now scrambling to strengthen cyber protections, as they should, we cannot help but feel they’re skirting the real issue. That is Trust. Cyber security can be strengthened with a variety of measures. Customer loyalty and trust not so much. In the eyes of the once loyal customer, it does not matter that “most” of the cards will not experience fraud as a result of the breach. The mere concept of personal data being seen and handled by sources up to no good is the key issue and the true learning here. Target is at the beginning of a very long trust rebuilding journey and we hope they have a plan for it.

Maintaining customer loyalty and trust should be paramount to us all and proactive cyber protection can help do just that- Your customers will be comforted knowing you’ve taken the appropriate steps to protect them, and a protected customer is a loyal customer.

Stay tuned for our next installment: Trust Maintenance and Cyber Security – Not Just an IT Issue.

For more info:

Target By The Numbers

http://tinyurl.com/oog78j8

Healthcare the New Breach Target

http://tinyurl.com/nggdlkt