As many as 40 million customers of retail giant Target may have had either their credit or debit card information stolen. It happened during a three week period beginning with the day before Thanksgiving….
Target will only say that it is aware of unauthorized access to payment card data and that the issue has been rexsolved. Sources for a well respected national data security blog say the problem began at the cash register.
According Krebs on Security, the breach, which extended to almost all of targets 1,800 stores nationwide, captured information stored on the magnetic strip of customers’ payment cards.
“I do so much shopping at Target. I kind of trust that they’ve fixed the problem. I’m going to keep a close eye on my card,” said Jennifer Hychko of Waterbury.
The cybercriminals were able to steal the customers’ names, credit card numbers, expiration date and their security codes, which is everything they’d need to create counterfeit cards. Target could have the bulls eye on them because the security code is not supposed to be stored in any database.
“You may find that target finds themselves in a place where they’re getting financial penalties for not being in compliance,” said Brian Kelly, Information Security Officer, Quinnipiac University. He said he was referring to data security standards set forth by the payment card industry…
To avoid expose oneself to financial ruins, Kelly suggests customers de-link their debit card from their checking account while only using a credit card.