As many as 2.3 billion records were compromised this year, a figure close to the populations of India and China combined. The PCI Council, founded in 2006 and funded by card companies, develops security tips for payment networks and retailers. One of the largest individual breaches was recorded by Home Depot, which lost 56 million payment cards in an attack on its point-of-sale system. The industry is looking at ways to “devalue” payment card data, or modify it so it would be useless if it fell into the hands of criminals.”]

