Survey: Nearly Half Of Cardholders Likely To Avoid Hacked Retailers
(Undated) -- A new survey shows how bad it could be for business this holiday season if a store's been hacked. CreditCards.com Senior Analyst Matt Schulz added that nearly 50-percent of the people they surveyed would use cash instead of a debit or credit card at the stores that have suffered a data breach. Several retailers have experienced data breaches this year including Home Depot, Michaels and Target. Sixteen-percent of cardholders said they would definitely not return to a store that's been hit by hackers.