Target’s Partners Asymmetrical Risk Problem
Here’s a new twist on the Target hack: Target’s payment partners could also be exposed to consume lawsuits and fines from the folks at Visa and Mastercard. Classic example of asymmetric risk, interesting read and ramifications.
http://money.msn.com/business-news/article.aspx?feed=OBR&date=20140114&id=17260087
Enjoy,
–Kevin