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NAS’ Palotay: Point-of-Sale, not Stored Data, Riskiest for Retailers

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In justifying a reluctance to purchase cyber insurance coverage for data breaches, many retailers insist they don't store credit card information after a sale. But experts say the headline-generating data breaches at retailers across the country in the past few years -- think Target, Neiman Marcus, the SuperValu grocery chain -- have for the most part targeted the point-of-sale (POS), not stored data.

Watch this excerpt from an interview with Insurance Journal's Stephanie Jones and Michael Palotay, Senior Vice President at NAS Insurance, as he explains why the POS is where retailers are most vulnerable.

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