Target Data Breach Compromises 40 Million Customer Credit/Debit Cards
December 19, 2013 12:06 PM
The breach ran from November 27 through December 15
lived up to its name this holiday season when a security breach placed the bullseye on millions of its customers' debit and credit cards.
Krebs on Security
, Target suffered a massive security breach that resulted in 40 million credit and debit card numbers stolen throughout the U.S.
The breach ran from November 27 through December 15, where customer information like their names, card numbers, expiration dates and CVV verification codes were compromised.
According to Krebs on Security, the breach occurred in nearly
all Target stores
across the U.S. in-store, not online.
Target Store [SOURCE: thewritersguidetopublishing.com]
The attack captured data stored on the magnetic stripes of customers' cards, which they swipe at the cash register. Other than that, the details seem a little hazy as to how the breach was launched. But Target said that it alerted authorities and banks about the situation and that it has been handled.
However, Target also said that customers who shopped during that time period should keep an eye on their credit card statements and credit reports.
“Target’s first priority is preserving the trust of our guests and we have moved swiftly to address this issue, so guests can shop with confidence,” said Gregg Steinhafel, Target’s president and CEO. “We regret any inconvenience this may cause. We take this matter very seriously and are working with law enforcement to bring those responsible to justice.”
Target is the third-largest store in America with about 1,800 stores in the U.S. It made almost $72 billion in U.S. sales last year alone.
Krebs on Security
"So, I think the same thing of the music industry. They can't say that they're losing money, you know what I'm saying. They just probably don't have the same surplus that they had." -- Wu-Tang Clan founder RZA
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