WebProNews

Tag: target credit cards

  • Target Credit Card Thieves Also Stole PIN Info

    Target Credit Card Thieves Also Stole PIN Info

    The thieves who gained access to millions of credit card numbers from Target’s database during the week of Black Friday also stole PIN information, Target said today.

    It was suspected but not confirmed until early Friday that the customers whose data had been compromised also had debit information stolen, but a company spokesperson says that info is encrypted.

    “We remain confident that PIN numbers are safe and secure,” Molly Snyder said in a statement. “The PIN information was fully encrypted at the keypad, remained encrypted within our system, and remained encrypted when it was removed from our systems.”

    However, according to the New York Times, hackers can easily find a way around the encrypted codes and have done so in similar cases in the past. Some of the stolen credit card numbers have already gone up for sale on the black market, and the sale of PIN info could be a thief’s dream if they are able to access ATMs.

    The security breach, which lasted from November 27 until December 15, is now the second largest in retail history. Banks around the country are working to get card replacements for their customers, but many have placed a spending limit on them for added security, which can be a headache for the victims.

    Target released a statement just after the news broke earlier this month, saying they are working closely with law enforcement to bring those responsible to justice. However, no arrests have been made.

    “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. We regret any inconvenience this may cause,” said Gregg Steinhafel, chairman, president and chief executive officer, Target. “We take this matter very seriously and are working with law enforcement to bring those responsible to justice.”

    Image via Thinkstock

  • Target Announces Breach In Credit Card Security From Black Friday

    Target Announces Breach In Credit Card Security From Black Friday

    Target announced today that there was a breach in their credit card security last month, and that the criminals gained access to customers’ information the day before Thanksgiving and maintained it until December 15.

    The company released a statement through their website, saying they have identified the issue and are working with law enforcement officials. However, up to 40 million customers may be affected.

    “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. We regret any inconvenience this may cause,” said Gregg Steinhafel, chairman, president and chief executive officer, Target. “We take this matter very seriously and are working with law enforcement to bring those responsible to justice.”

    Customers who shopped online aren’t affected, the company says, as the breach was only within their POS, or “point of sale”, systems. However, because those responsible hacked into the system on November 27, they had access to credit card numbers, expiration dates, security codes, and customer names throughout Black Friday and into the busiest time of the year for retail.

    Target is urging all customers to check their bank statements carefully to look for any unauthorized purchases and to notify their banks immediately if anything odd pops up. It’s possible, according to Krebs On Security, that the thieves were able to access debit data as well, and if PIN numbers were stolen, they might be able to withdraw cash from ATMs using reproduced cards.

    Image via Target

    Hat tip to Gawker