60 Minutes: What happens when you swipe your card?

This is a good episode for businesses and consumers. It’s also a good reminder to businesses of any size- the high cost of a data breach extends to bad PR for eternity on the internet. Aired on 11/30/14, as hacking of top retailers make headlines, Bill Whitaker discovers how insecure your credit card information is this holiday season. Michaels, Target, Home Depot, P.F. Changs all hit by data breaches.

Click here to watch video on CBS 60 Minutes: What happens when you swipe your card?