The cyber-attacks at Target (NYSE:TGT) have consumers, retailers, and banks all pondering the future of payments technology. These attacks can make for scary headlines, but should investors concerned about the long-term reputational risk and financial impact of these events?
In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson discuss the issue. David's cites one investing guru's opinion when it comes to reputational risk and dangers to companies.
David Hanson has no position in any stocks mentioned. Matt Koppenheffer owns shares of Target. The Motley Fool recommends MasterCard and Visa. The Motley Fool owns shares of MasterCard and Visa. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.